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N-Methylpyrrolidone News
SunSirs: Insufficient Demand, NMP Market Was Consolidating at the Bottom
January 12 2024 14:28:16SunSirs(John)

Price trend

On the 11th, the domestic NMP market maintained stable operation with minor fluctuations, and the mainstream price of bulk NMP was 12,200-13,000 RMB/ton.

Analysis review

The raw material BDP was deadlocked in sorting and operation, and the cost support for NMP was weak. Downstream demand was weak, and some lithium battery companies were compressing orders, reducing procurement, and preparing to enter a holiday mode. Overall, the NMP market had performed poorly, with prices falling to the bottom and a strong wait-and-see atmosphere.

Market outlook

Without clear positive signals, it is expected that the NMP market will maintain a low and stable operation in the short term.

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