1、 Melamine price trend
| ferric sulfate (Poly ferric sulphate) |
(Figure: P value curve of melamine product)
2、 Market analysis
On November 24, the melamine market remained stable. According to the monitoring sample data of business agency, as of November 24, the average price quoted by melamine enterprises was 7400 yuan / ton, which was flat compared with the previous trading day, and increased by 31.36% compared with October 24. The manufacturers carry out the early orders orderly, the goods are OK, the downstream purchasing enthusiasm is general, and the market is running smoothly.
At present, the mainstream quotation of melamine in Shandong is around 7500 yuan / ton, that in Xinjiang is around 6500 yuan / ton, and that in Sichuan is around 7100 yuan / ton. The quotation is for reference only, and the actual price shall prevail.
| Azodicarbonamide (AC foaming Agent) |
Upstream urea, on November 24, Shandong urea market temporarily stable, upstream liquid ammonia recent high consolidation, cost support is good. 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.
According to the price monitoring of business agency, on November 23, 2020, there were 22 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector on November 23, 2020, among which there were 4 kinds of commodities with an increase of more than 5%, accounting for 4.3% of the total number of commodities monitored in this plate; the top three commodities were calcium carbide (8.42%), aniline (6.80%) and ethylene glycol (6.42%). There were 12 kinds of commodities that declined on a month on month basis, with styrene (- 3.93%), TDI (- 3.57%) and bisphenol A (- 1.40%). The average rise and fall was 0.46%.
3、 Future forecast
Melamine analysts from the business agency believe that the current upstream urea price is temporarily stable, the cost support is limited, and the downstream purchasing enthusiasm is general. It is expected that in the short term, the melamine market will be stable and wait-and-see arrangement, and the specific trend needs more attention to market information guidance.
| Melamine |