Melamine market price is stable and rising

1、 Melamine price trend

 

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(Figure: P value curve of melamine product)

 

2、 Market analysis

 

Recently, the melamine market has been running steadily, with the market price rising steadily on September 23. According to the monitoring sample data of business agency, as of September 23, the average price quoted by melamine enterprises was 5600 yuan / ton, which was 1.82% higher than the beginning of the week (September 21) and 1.20% higher than that of August 23. Downstream enterprises replenish before the festival, the market atmosphere is OK, and the price center of gravity moves up steadily. At present, the mainstream quotation of melamine in Shandong is around 5500 yuan / ton, that in Xinjiang is around 4700 yuan / ton, and that in Sichuan is around 5300 yuan / ton.

 

Upstream urea, September 23, Shandong urea market temporarily stable. The recent high-level consolidation of upstream liquid ammonia has a good cost support. Domestic demand is fair, agricultural demand in some areas has followed up, and industrial demand follows the market and purchases on demand. In terms of supply, some devices were overhauled and some of them were in short supply.

 

3、 Future forecast

 

Melamine analysts in the business agency believe that the current upstream urea price is temporarily stable, the cost side has a certain support, enterprises orderly implement the early orders, it is expected that in the short term, the melamine market will be mainly stable.

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