Demand light, melamine market price down

1、 Melamine price trend

 

EDTA

(Figure: P value curve of melamine product)

 

2、 Market analysis

 

Recently (8.31-9.3) melamine market fell. According to the monitoring sample data of business agency, as of September 3, the average price quoted by melamine enterprises was 5366.67 yuan / ton, which was 3.01% lower than the beginning of the week (August 31) and 0.63% higher than that of August 3.

 

On August 31, the average quotation price of melamine enterprises was 5533.33 yuan / ton. Under the light downstream demand and the shipping pressure, the enterprises mainly reduced prices and absorbed orders. On September 2, the average quotation price of melamine enterprises dropped to 5400 yuan / T. at present, some units were shut down for maintenance, and the production of other enterprises was stable, and the operation rate of melamine was high. However, the downstream demand power was insufficient, the sales of enterprises were under pressure, and the market decline was prolonged In addition, the price of melamine fell to 5366.67 yuan / ton.

 

According to the data monitoring of the business agency, melamine prices in some regions (for reference only, the actual transaction price is mainly through negotiation): the price of melamine in some areas is higher than that in other regions

 

EDTA 2Na

Regional date price remarks

Factory quotation of 5200 yuan / ton in Shandong Province on September 3

Ex factory quotation of 4800 yuan / T on September 3 in Xinjiang

Factory quotation of 5200 yuan / T on September 3, Sichuan

The factory quotation of 5000 yuan / ton on September 3, Henan Province

For upstream urea, according to the monitoring sample data of business agency, the factory price of urea in Shandong on September 2 was 1720 yuan / ton, and the urea commodity index on September 2 was 80.00, which was the same as yesterday, 29.89% lower than the highest point of 114.11 (2012-05-08), and 43.88% higher than the lowest point of 55.60 on August 17, 2016. (Note: the cycle refers to 2011-09-01 to now

 

3、 Future forecast

 

Melamine analysts of the business agency believe that at present, the supply of melamine market is sufficient. Due to the weak downstream demand, the digestion capacity of melamine supply is limited, and the market is not good enough. It is expected that in the short term, the melamine market will mainly operate under pressure, and more attention should be paid to the market news guidance.

Melamine