1、 Price trend

According to the data monitoring of the business community, after the festival, the NMP price rose significantly. The average price of electronic NMP at the beginning of the week was 26566 yuan/ton, and the average price at the weekend was 27666 yuan/ton, up 4.14%.

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 28500-30000 yuan/ton. It is understood that due to tight supply, some factories stopped reporting. It was discussed that due to road transportation obstruction, the arrival of NMP raw materials was limited, resulting in insufficient NMP operation in some regions. The supply was tightened, the NMP price and goods were tightened, and the downstream inquiry was active. Under the atmosphere of buying up but not buying down, the demand increased.

After the festival, the BDO market was mainly on the sidelines. Although the manufacturers had a strong intention to set prices, and the published auction prices were mostly high and stable, the market prices in the middle and late weeks had a slight upward trend, the range was not about 200 yuan/ton, but the downstream receiving intention was not strong, it was difficult to make a deal at high prices, and the buying and selling atmosphere was light.

3、 Future market forecast

The NMP analysts of the business agency believe that the raw materials are still at a high level, the cost support is obvious, and the downstream procurement is active. It is expected that the NMP market will operate at a high level in the near future, and the price may continue to rise.