1、 Market performance
| Melamine |
Price increase: With the rise in raw material costs, the market price of melamine has also increased. There are differences in the prices of melamine in different regions, brands, and concentrations, but the overall trend is stable with an upward trend. As of February 24th, the benchmark price of melamine in Shengyi Society was 6237.50 yuan/ton, an increase of 0.12% compared to the beginning of this month (6230.00 yuan/ton).
Despite the increase in costs, the market price of melamine has not experienced significant fluctuations. This may be due to the relatively stable market demand and the competitive landscape among enterprises, which makes it difficult for prices to rise significantly unilaterally.
At the same time, some enterprises have reduced costs by optimizing production processes and improving production efficiency, thereby offsetting to some extent the impact of rising raw material prices.
2、 Influence of raw materials
The main raw material for the production of melamine is urea, and the rise in urea prices directly leads to an increase in the production cost of melamine. On February 24th, the benchmark price of urea in Shengyi Society was 1843.00 yuan/ton, an increase of 5.82% compared to the beginning of this month (1741.67 yuan/ton).
The prices of these raw materials are influenced by various factors such as international market supply and demand, transportation costs, and exchange rate fluctuations, resulting in significant uncertainty in their prices. When raw material prices rise, the production cost of melamine increases accordingly. In order to maintain profit levels, manufacturers often increase the selling price of melamine. Therefore, the significant increase in raw material prices is one of the important reasons for the stable and upward trend of the melamine market.
4、 Future prospects
1. Cost factors will continue to affect:
Factors such as raw material prices, production energy consumption, and environmental costs will continue to have an impact on the melamine market. Enterprises need to closely monitor changes in these cost factors in order to adjust production plans and sales strategies in a timely manner.
2. Downstream demand is expected to grow:
With the recovery of the economy and the recovery of downstream industries, the demand for melamine is expected to show an increasing trend. This will provide support for market prices and drive the industry towards a healthier and more sustainable direction.
3. International cooperation and export opportunities:
In the context of globalization, domestic melamine enterprises should actively seek international cooperation opportunities, expand overseas markets, and increase export volume. This can not only alleviate the supply and demand pressure in the domestic market, but also enhance the international visibility and brand influence of the enterprise.
In summary, the characteristic of a stable and wait-and-see approach in the melamine market under increased costs is the result of multiple factors working together. Enterprises need to closely monitor market dynamics and policy changes in order to adjust production plans and sales strategies in a timely manner, and seize opportunities in fierce market competition.
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