The market price of melamine is rising slightly

1、 Melamine price trend

 

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(Figure: P value curve of melamine product)

 

2、 Market analysis

 

The melamine market rose slightly on October 20. According to the monitoring sample data of business agency, as of October 20, the average price quoted by melamine enterprises was 5600 yuan / ton, up 0.60% compared with the previous trading day and 3.70% higher than September 20.

 

At present, the operation rate of melamine has increased slightly, domestic demand has been stable, some export orders have been able to perform well, enterprises have no pressure to take the goods, and the melamine market is steadily rising. At present, the mainstream quotation of melamine in Shandong is around 5500 yuan / ton, that in Xinjiang is around 4900 yuan / ton, and that in Sichuan is around 5400 yuan / ton.

 

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Upstream urea, on October 19, urea market in the East rose slightly. The recent high-level consolidation of upstream liquid ammonia has a good cost support. Domestic demand is fair, agricultural demand in some areas has followed up, and industrial demand follows the market and purchases on demand. In terms of supply, some devices were overhauled and some of them were in short supply.

 

3、 Future forecast

 

Melamine analysts from the business agency believe that the current upstream urea price is slightly rising, and the cost side has a certain support. Enterprises are supported by advance orders and the delivery is fair. It is expected that in the short term, the melamine market will be mainly stable, and more attention should be paid to market information guidance.

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