SunSirs: The NMP Market Was Running Smoothly This Week (September 11-15)
September 18 2023 14:19:42 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the NMP market maintained stable operation this week. On September 11th, the average price of NMP was 15,333 RMB/ton, and on September 15th, the average price of NMP was 15,333 RMB/ton, with no increase or decrease.
Analysis review
According to the Commodity Market Analysis System of SunSirs, the overall NMP market maintained stable operation this week. As of Friday, the mainstream retail prices in the domestic electronic grade NMP market were 14,500-15,500 RMB/ton. The price of raw material BDO remained stable, and the intention of production enterprises to maintain prices continued. The negotiation game intensified, and the overall market fluctuation was not significant. The demand side of NMP remained weak, with a strong wait-and-see atmosphere and mainly just in needed. The NMP factories on the production side maintained stability, maintained a stable mindset, and prices followed the market.
Raw materials: This week, the raw material BDO market was mainly stable with slight fluctuations, with high-level consolidation and operation. The increase in demand of the terminal downstream was not significant, and the contradiction between supply and demand intensified. It is expected that the domestic BDO market may fluctuate and decline in the future.
Market outlook
SunSirs NMP analysts believe that as of September 15th, the downstream follow-up of NMP prices was slow, and the market's positive signals were weak. It is expected that NMP prices will fluctuate at low levels in the short term.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 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
- 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)
