1、 Market price trend
From the recent market prices, the price of melamine has indeed shown some stability and has shown a slight upward trend during certain periods. For example, according to the latest data from Shengyi Society, although the prices this week (based on January 21st as the reference date) have decreased compared to the beginning of the month, the daily increase is shown as 0.04%, indicating that there is a small upward space for prices on a specific date. This small fluctuation may be influenced by multiple factors, including raw material costs and market demand.
2、 Analysis of Supply and Demand Relationship
1. Supply side: The production capacity of melamine is relatively stable, and production enterprises in the industry usually adjust their production scale based on market demand and raw material costs. In a relatively stable supply situation, market prices are more likely to remain stable.
2. Demand side: The demand for melamine in downstream industries such as sheet metal and coatings is an important factor affecting market prices. With the recovery of the economy and the improvement of people’s living standards, the demand for melamine in these industries may gradually increase, thereby driving up market prices.
3、 Raw material cost
1. Raw material cost: The price fluctuation of raw material urea directly affects the production cost of melamine. When the price of urea rises, the production cost of melamine will also increase accordingly, which may drive up market prices. On the contrary, a decrease in urea prices may lower the production cost of melamine and exert some downward pressure on market prices. As of January 21st, the benchmark price of urea in Shengyi Society was 1705.00 yuan/ton, a decrease of -5.19% compared to the beginning of this month (1798.33 yuan/ton).
4、 Market outlook
Looking ahead, the melamine market is expected to continue to maintain a stable but rising trend. On the one hand, with the recovery of the economy and the increase in demand from downstream industries, the market demand for melamine is expected to further increase; On the other hand, integration and technological upgrading within the industry will help improve production efficiency and product quality, thereby enhancing market competitiveness. However, the fluctuation of market prices is still influenced by various factors, including raw material costs, policy regulation, international trade situation, etc. Therefore, enterprises need to closely monitor market dynamics and policy changes, and develop reasonable business strategies to cope with potential market risks.
In summary, the melamine market has indeed shown a stable but upward trend. However, this trend is not static, but is influenced and constrained by various factors. Enterprises need to closely monitor market dynamics and policy changes to address potential market risks and seize development opportunities.
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