On the 30th, the domestic NMP market was reorganized and operated. The average price of the domestic market was stable at 23500 yuan / ton, and the market was willing to support the price. The price of bulk water of mainstream factories was around 25000-26000 yuan / ton, and the actual transaction price was mainly negotiated. The downstream just needs to purchase, the demand follow-up is general, and the NMP price rise is weak.
Upstream: BDO market is weak. At present, the support of the supply side is relatively strong, and the supplier’s intention to defend the price is mainly. However, the downstream demand performance is general. Small orders are just needed but the price is negotiated. The overall market fluctuation is limited. The BDO market in East China is operating on a wait-and-see basis. Although the support of the supply side is strengthened, the supplier’s price keeping mentality continues. However, the downstream of the terminal maintains the contract follow-up, the spot purchase is cautious, and the actual single transaction is limited.
The NMP analyst of business agency believes that the cost and price consolidation trend is general, and the downstream demand is general. It is expected that the NMP market will be dominated by consolidation and operation in the near future.
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