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. According to the monitoring sample data of business agency, as of November 3, the average price quoted by melamine enterprises was 5983.33 yuan / ton, which was 4.97% higher than last Tuesday (October 27) and 6.85% higher than that of October 3.
The supply of goods in the market is tight, and there is no pressure on enterprises to take goods. The market prices in some regions are rising and the market is running steadily. At present, the mainstream quotation of melamine in Shandong is around 6000 yuan / ton, that in Xinjiang is about 5100 yuan / ton, that in Sichuan is about 5700 yuan / ton, and that in Henan is around 5900 yuan / ton.
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For upstream urea, the factory price of urea in Shandong Province rose on November 2, 13.33 yuan / ton, or 0.75% higher than that on October 30. The recent high-level consolidation of upstream liquid ammonia has a good cost support. Domestic demand is fair, agricultural demand in some areas has been followed up, appropriate procurement, industrial demand is in line with the market, mainly follow-up on bargain hunting, and some goods sources continue to gather in port. In terms of supply, some enterprises limited production and equipment maintenance, and local spot shortage.
On November 2, the commodity price index of urea and melamine was 123.67, which was 2.68 points lower than yesterday, 9.89% lower than 137.25 points (2020-04-21), and 54.09% higher than 80.26 points, the lowest point on October 14, 2013. (Note: period refers to 2012-01-01 to present)
3、 Future forecast
Melamine analysts from the business agency believe that the upstream urea price has risen slightly in the near future, and the supply side is tight, and the market performance is fair. It is expected that in the short term, the melamine market may be strong and stable, and more attention should be paid to the market information guidance for the specific trend.
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