On December 11, the market price of melamine was temporarily stable

I. melamine price trend:

 

According to the data of the large scale list of business agencies, the market price of melamine was temporarily stable as of December 11, which was the same as that of December 10. On December 11, the mainstream price of melamine in China was 5200-5600 yuan / ton.

 

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II. Market analysis:

 

Product: the domestic melamine market price was temporarily stable on November 11. At present, some melamine enterprises stop for maintenance, but the downstream demand is general, the market is mainly stable, and the operators are cautious. At present, the mainstream price of melamine market in Xinjiang is around 4900 yuan / ton; the mainstream price of melamine market in Sichuan is around 5400 yuan / ton; the mainstream price of melamine market in Henan is around 5600 yuan / ton. The main quotation of melamine market in Shandong is around 5600 yuan / ton.

 

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Industrial chain: the ex factory price of urea in Shandong (12.1-12.11) rose by 1.09%. The upstream liquid ammonia price (12.1-12.11) rose by 5.97%. Downstream papermaking, board, molding plastics and other industries have general demand, and the delivery and investment atmosphere is flat.

 

3. Future forecast:

 

Analysts of melamine in the business community believe that the recent rise in the prices of liquid ammonia and urea, the raw materials, is a good support for the cost of melamine. The melamine operation rate has declined, but the downstream demand is flat, and it is expected that the melamine market will be mainly stable in the short term.

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