1、 Price trend

According to the commodity market analysis system of Shengyishe, the NMP market has remained stable this week. On April 15th, the average price of NMP was 11766 yuan/ton, and on April 19th, the average price of NMP was 11766 yuan/ton, with no fluctuations during the cycle.

2、 Analysis and Review

According to the Commodity Market Analysis System of Business Society, the NMP market remained weak this week, with mainstream retail prices in the domestic electronic grade NMP market reaching 11500-12000 yuan/ton as of Friday. The raw material end BDO experienced a narrow decline this week, with weak market performance and a stalemate in consolidation operations. The NMP market quotation is temporarily stable, and there is no significant improvement in the downstream demand market. Trading is weak, and the trading atmosphere is relatively weak.

As of April 19th, the mainstream prices of NMP bulk water in different regions of China are as follows:

Region/ April 19th

East China region/ 11500-12000 yuan/ton

Central China region/ 11500-11800 yuan/ton

Southwest region/ 11800-12000 yuan/ton

Raw materials: The BDO market has experienced a narrow decline. From April 15th to 19th, the average domestic BDO price dropped from 9100 yuan/ton to 9072 yuan/ton, with a price drop of 0.31% during the cycle.

3、 Future Market Forecast

According to NMP analysts from Business Society, the current willingness of NMP factories to maintain prices is evident. With no significant changes in raw materials and demand, it is expected that the NMP market will maintain a low and stable trend.