1、 Market situation
Recently, the market price of melamine has shown some stability and a slight upward trend. On the one hand, this is because although the equipment that undergoes maintenance every ten days has been restarted one after another, the influx of goods into the market has led to an increase in market supply, which takes time. On the other hand, the capacity utilization rate in Shanxi and Hebei regions has always been at a low level, and the overall supply of northern enterprises is not high. Therefore, overall, melamine companies have a strong willingness to raise prices, and prices are stable while exploring price increases. As of February 11th, the benchmark price of melamine in Shengyi Society was 6237.50 yuan/ton, an increase of -0.11% compared to the beginning of this month (6230.00 yuan/ton).
2、 Influencing factors
1. Raw material cost: Recently, there has been a slight increase in urea prices, with some factories in certain regions raising their quotes by 10-20 yuan/ton. However, the continuous follow-up of demand remains a key factor in determining price trends.
2. Market demand: 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. Especially with the recovery of the real estate, construction, and furniture industries, the apparent demand for melamine has rebounded, further supporting market prices.
3. Supply situation: 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. However, with the strengthening of environmental policies and the adjustment of production capacity structure, some old and outdated production capacity has been eliminated, and the newly added capacity is mostly large-scale production facilities with low energy consumption and low pollution, which may also have a certain impact on market prices.
3、 Future prospects
Short term (1-2 months): The market may experience narrow fluctuations under the game of cost and weak demand, with a slight upward shift in the price center of gravity, but insufficient motivation to break through the previous high.
Mid term (3-6 months): Attention should be paid to the effectiveness of real estate policy implementation and the sustainability of the export market. If domestic demand significantly recovers or exports increase, prices may experience a temporary rebound; On the contrary, there may be a pressure callback.
Therefore, enterprises need to closely monitor market dynamics and policy changes, formulate reasonable business strategies to cope with potential market risks and seize development opportunities. Meanwhile, increasing R&D investment and technological innovation is also an important way to enhance the competitiveness of enterprises.
In summary, the recent trend of stable and rising melamine market is the result of multiple factors working together. In the future, with the increase of market demand and the integration and upgrading within the industry, the melamine market is expected to continue to maintain stable growth.
| http://www.lubonchem.com/ |