Commodity News
SunSirs: Negative Sentiment Shrouded, NMP Market Continued to Decline
March 23 2023 09:55:01 SunSirs (John)
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.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2024-04-15 SunSirs: The NMP Market Had Been Operating Steadily at Low Levels This Week (April 8-12)
- 2024-04-08 SunSirs: Under the Pressure of Multiple Bearish Factors, the NMP Market Was Weakening
- 2024-04-02 SunSirs: In March, the Price Center of NMP Shifted Downwards
- 2024-03-26 SunSirs: The NMP Market Experienced a Slight Decline This Week (March 18-22)
- 2024-03-19 SunSirs: This Week, the NMP Market Was Operating in a Stalemate (March 11-15)
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