1、 Melamine price trend
(Figure: P value curve of melamine product)
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2、 Market analysis
In recent years, the melamine market is mainly stable, with little change. Compared with the previous day, the average price of melamine rose by 13.0% as of January, compared with that of January. The melamine commodity index on October 12 was 60.22, flat with yesterday, down 39.78% from 100.00 (2011-09-18), and 10.54% higher than the lowest point of 54.48 on July 26, 2020. (Note: period refers to 2011-09-01 to now)
At present, some of the devices are stopped for maintenance, and the enterprises mainly execute the orders in the early stage, the performance of the demand side is general, the market has no obvious change, and the operators mainly wait and see. At present, the mainstream quotation of melamine in Shandong is around 5500 yuan / ton, that in Xinjiang is around 4700 yuan / ton, that in Sichuan is 5300 yuan / ton, and that in Henan is about 5200 yuan / ton.
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For upstream urea, on October 13, the urea market in the East was temporarily stable, and the recent high consolidation of upstream liquid ammonia resulted in better 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 from the business agency believe that the current upstream urea price is temporarily stable, the cost support is fair, and the overall performance of the market is average. It is expected that in the short term, the melamine market will be mainly stable, and more attention should be paid to the start-up situation of enterprises.
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