1、 Melamine price trend:
(Figure: P value curve of melamine product)
2、 Market analysis:
| Sulfamic acid 99.80% |
Product: melamine market was stable on November 11. Melamine operation rate is less than 60%, terminal demand recovery is slow, gas buying is light, and manufacturers’ sales are under pressure. According to the data of the bulk list of business agencies, the mainstream price of melamine market in China was around 5100-5600 yuan / ton on the 11th, which was the same as that of yesterday. At present, the mainstream price of melamine market in Xinjiang is around 4800 yuan / ton; the mainstream price of melamine market in Sichuan is around 5300 yuan / ton; the mainstream price of melamine market in Henan is around 5100 yuan / ton. The main quotation of melamine market in Shandong is around 5600 yuan / ton.
On March 11, the melamine commodity index was 63.80, unchanged from yesterday, down 36.20% from the highest point in the cycle of 100.00 (2011-09-18), and up 11.99% from the lowest point of 56.97 on February 24, 2015. (Note: cycle refers to 2011-09-01 to now)
Industry chain: the upstream liquid ammonia market is rising recently. At present, when the market is under a small supply pressure, the demand recovery leads to a small peak in the peak season, and the manufacturer’s operating rate increases. With the downstream manufacturer’s operating rate getting higher and higher, the liquid ammonia inventory pressure is relieved to a certain extent. It is expected that the downstream nitrogen fertilizer production will expand with the coming of the peak season of spring ploughing, and the short-term market is expected to maintain Keep a moderate trend, and prices will stabilize in the medium and long term.
| Sulfamic acid |
Industry: according to the price monitoring of the business agency, there are 8 commodities in the list of commodity prices rising and falling on March 11, 2020, among which the top three commodities are liquid ammonia (2.50%), ammonium chloride (2.19%) and fluorite (0.99%). There are 19 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three products falling are ox (- 10.71%), hydrobenzene (- 4.05%) and acetone (- 4.00%). The average price of this day was – 0.37%.
3、 Future forecast:
According to melamine analysts of the business club, the rising raw material price has a certain supporting role in melamine cost, but the downstream consumption speed is not enough to follow up. It is expected that in the short term, the melamine market will be dominated by low consolidation.
| Magnesium Sulphate |