General market atmosphere, stable operation of melamine price (5.11-5.15)

1、 Melamine price trend:


(Figure: P value curve of melamine product)


2、 Market analysis:


Sulfamic acid 

Product: according to the monitoring sample data of the business agency, the melamine market is running smoothly this week. As of May 15, the average price of melamine enterprises was 5066.67 yuan / ton, which was flat compared with the beginning of the week and 5% lower compared with April 1. On the 15th, the mainstream price of melamine market in China was around 4600-5200 yuan / ton. On May 14, the melamine commodity index was 54.48, the same as yesterday, a record low in the cycle, down 45.52% from the peak of 100.00 on September 18, 2011. (Note: cycle refers to 2011-09-01 to now)


Industrial chain: on May 14, the main factory price of small particle urea in Shandong Province was temporarily stable: Ruixing chemical industry quoted 1600 yuan / ton, the quoted price was temporarily stable; Mingshui chemical industry quoted 1630 yuan / ton, the quoted price was temporarily stable; Yangmei plain quoted 1630 yuan / ton, the quoted price was temporarily stable. On the whole, the ex factory price of urea in Shandong was temporarily stable on the 14th, and the actual transaction price was subject to negotiation.


Industry: according to the price monitoring of the business agency, there are 13 kinds of commodities in the rise and fall list of bulk commodity prices on May 14, 2020, among which ethylene (4.79%), dichloromethane (3.14%) and chloroform (2.86%) are the top three commodities. There are 8 kinds of commodities with a decline in the month on month, and the top 3 products with a decline are mixed xylene (- 2.83%), toluene (- 1.73%) and styrene (- 1.58%). The average price of this day is 0.15%.


sulphamic acid

3、 Future forecast:


According to melamine analysts of the business agency, the operation rate of melamine plant has increased slightly in the near future, and the inventory pressure of short-term manufacturers is not large, but the downstream demand has not improved significantly, and the market trading atmosphere is general. It is expected that melamine market will be weak and stable in the short term.