1、 Price trend

According to the data monitoring of the business community, the NMP market stopped falling and rebounded this week (12.5-12.9). The average price of electronic NMP at the beginning of the week was 22333 yuan/ton, and the average price at the weekend was 22833 yuan/ton, up 2.24%.

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 21000-22000 yuan/ton. The bottom of raw material BDO price is weak, the price of monomethylamine has been raised recently, and the downstream market has been lower. Driven by demand, NMP rebounded from the bottom, but the rebound is limited.

As of December 9, the mainstream prices of NMP apron in different regions in China are as follows:

Region/November 18

East China/21000-21500 yuan/ton

Central China/21000-22000 yuan/ton

Southwest China/20500-21500 yuan/ton

Raw materials: BDO fluctuated narrowly this week. In the near future, some equipment maintenance or expectations exist, which supports the continuation of the supplier’s price keeping mentality, and some factories are bidding to stabilize the market. The enthusiasm of downstream market purchasing is not high, and the market focus fluctuates little due to the negotiation and game between supply and demand.

 
3、 Future market forecast

NMP analysts from Business Agency believe that although there is a rebound signal in the near future, the downstream order support is limited and the cost support is average. It is expected that the NMP market will be dominated by weak and stable operation next week.