Price trend
On the 23rd, the domestic NMP market maintained stable operation, with small fluctuations in the market. The mainstream price of bulk NMP was 11,000-11,500 RMB/ton.
Analysis review
Upstream BDO suppliers mainly maintained prices, while downstream demand followed suit. The market focus was volatile and weaker, resulting in weak support for NMP. NMP had a strong downward pressure on prices and entered the market on dips, NMP manufacturers followed the market trend, and the market lacked positive signal guidance.
Market outlook
It is expected that the NMP market will maintain a stable operation at low levels in the short term.
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