Commodity News
SunSirs: Negative Sentiment Shrouded, NMP Market Continued to Decline
June 16 2023 11:17:26 SunSirs (John)
Price trend
On the 15th, the domestic NMP market remained temporarily stable with minor fluctuations. As of 15th, the mainstream price of bulk NMP was 15,000-16,000 RMB/ton.
Analysis review
The recovery of downstream demand was relatively slow, and the overall performance of the market was average. Upstream BDO rebounded slightly, temporarily limiting its impact on the NMP market. NMP manufacturers were following the market trend, but due to the low price drop, the market was stagnant and running smoothly.
Market outlook
It is expected that the NMP market will maintain a stable operation at a low level in the short term.
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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