Commodity News
SunSirs: Cost Increased, NMP Market Rebounded Slightly
May 12 2023 10:42:30 SunSirs (John)
Price trend
According to the Commodity Analysis System of SunSirs, after the May Day holiday, the domestic NMP market experienced two small increases. As of this Thursday, the mainstream market price for bulk NMP was around 19,500 RMB/ton.
Analysis review
Due to the recent wide increase in the prices of raw materials BDO and monomethylamine, cost support was significant. NMP factories supported and pushed up prices, and the NMP market started to rebound. Downstream purchasing goods was relatively cautious.
Market outlook
It is expected that the focus of the NMP market will temporarily stabilize in the short term, mainly digesting gains.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-05-13 SunSirs: The NMP Market Had Been Operating Steadily at a Low Level This Week (May 6-11)
- 2024-05-06 SunSirs: The NMP Market Weakly Declined in April
- 2024-04-23 SunSirs: The NMP Market Had Been Operating Steadily This Week (April 15-19)
- 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
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