Price trend
On September 7, the domestic NMP market was organized and operated. The mainstream quotation in the domestic market was 22,000-23,000 RMB/ton, and the market was willing to support the price.
Analysis review
The downstream rigid demand was the main, the purchase orders were mostly small, and the actual transaction price was mainly negotiated. The overall demand was relatively weak, the factories were selling the goods by making profit-cutting, and the upward momentum of NMP was insufficient.Upstream: The BDO market moved up in a narrow range. The market supply was reduced, and the supplier's intention to push up the price continued. Traders were cautious in trading, and the offer was up. The follow-up of downstream real orders was limited, and high-end transactions in the market were difficult.
Market outlook
Analysts from SunSirs NMP believe that the price of raw materials has stopped falling and stabilized. At the same time, the price of NMP is close to the bottom, and the room for NMP to fall is limited. It is expected that the NMP market will remain fluctuating in a narrow range in the near future.
