Price trend
According to data monitoring by SunSirs, on the 22nd, the domestic NMP market continued to decline, with the bulk mainstream price falling to 16,000-18,000 RMB/ton.
Analysis review
Cost support was weak, factory quotations followed the market, constrained by weak demand, the focus of market negotiations continued to move downward.
Market outlook
In the short term, the NMP market atmosphere is shrouded in negative sentiment, and the industry is in a poor state of mind. It is expected that the market will operate in a weak and stable manner in the short term.
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