According to the monitoring sample data of the business agency, as of May 19, the average price of melamine enterprises was 14400 yuan / ton, down 5.47% compared with last Wednesday (May 12), up 14.29% compared with the beginning of the month, and up 42.34% compared with April 19.
Melamine prices rose to a high pressure after the fall opened
In recent months, the price of melamine has continued to rise, with a rapid rise in April and a new high in May. With the price rising to a high point, the undertaking capacity of downstream enterprises at a high level has been continuously reduced, the follow-up of new domestic trade orders is insufficient, the pressure on high market shipment is heavy, the price of melamine is loose, and the focus of negotiation is low. At present, the operating rate of melamine is relatively high, and with the decline of price, Under the mentality of buying up instead of buying down, the wait-and-see mood is getting stronger, and the purchase is just needed.
Upstream urea, May 19, Shandong urea market rose. On the demand side, the demand for agriculture has increased; Affected by the mentality of buying up but not buying down, the downstream compound fertilizer and rubber sheet factories took goods actively, and the new orders of enterprises followed up well. Supply side: some urea plants shut down for maintenance, and the supply side is tightened. Enterprises have a strong attitude of supporting prices.
Melamine analysts of business news agency believe that, in general, there is a certain support on the cost side, but the demand side is not good. Melamine may continue the weak market in the short term, and it is more likely that the focus of market negotiation will continue to decline.
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