SunSirs: The Downstream Demand Was General, and the NMP Market Ran Smoothly
February 13 2023 14:29:39 SunSirs (John)
Price trend
According to the data monitoring of SunSirs, this week (2.6-2.10), the NMP market was consolidated and operated horizontally, and the average price of electronic NMP was stable at 22,666 RMB/ton, with no increase or decrease.
Analysis review
According to the data monitoring of SunSirs, as of Friday, the mainstream quotation of domestic electronic NMP market was 21,000-22,000 RMB/ton. This week, the NMP market operated steadily, the enthusiasm of downstream market entry was not high, and the manufacturers were weak in pushing up. The cost support was general, the market was sorted, the trading atmosphere was light, and the market needed better factors’ guidance.
Raw materials: BDO market stabilized after rising this week. Recently, the market lacked clear guidance, and many operators entered the market to wait and see. Some factories released the overhaul news, but the boost to gas buying was limited; The downstream inquiry atmosphere was general.
Market outlook
According to NMP analysts of SunSirs, the supply and demand of NMP market is stable, and the buying gas is weak, which leads to the lack of driving force. In the short term, the NMP market is expected to maintain stable operation without significant rise and fall in raw materials.
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