1、 Price trend

According to the data monitoring of the business community, the NMP market fell sharply this week. The average price of electronic NMP at the beginning of the week was 28000 yuan/ton, and the average price at the weekend was 26500 yuan/ton, down 5.36%.

2、 Analysis and review

According to the data monitoring of the business community, as of Friday, the mainstream quotation in the domestic electronic NMP market was 25000-26000 yuan/ton. This week, raw materials BDO and monomethylamine both fell to varying degrees, and cost support was negative. At the same time, the downstream has obvious resistance to high price goods, and the willingness to sell goods is not strong. In order to stabilize the shipment, the factory has lowered the quotation.

As of October 28, the mainstream prices of NMP apron in different regions in China are as follows:

Region., October 27

In East China, 24000-25000 yuan/ton

Central China, 25000-26500 yuan/ton

Southwest China, 25500-26500 yuan/ton

The domestic BDO market fluctuated downward. Recently, the demand side has followed up with a light atmosphere. Recently, the market inquiry atmosphere has continued to be light. The demand side followed up with few actual orders and negotiated prices, the delivery mentality of the carrier, and the trading focus was weak.

3、 Future market forecast

NMP analysts from the business agency believe that under the dual impact of the falling raw material cost and bad demand, it is expected that the short-term NMP market is weak.