The Melamine Market is Stable and Weak (Sept.19-Sept.23)

Today, Huafu Factory will continue to share the latest melamine market trends with you. Melamine and formaldehyde are important raw materials for the manufacturing of melamine molding powder.

 melamine factory price

P value curve of melamine products

As of September 23, the average price of melamine enterprises was 8366.67 yuan / ton (1171 US dollars / ton), down 0.20% compared with Monday's price, down 1.18% compared with August 23, and down 12.24% year-on-year in a three-month cycle. .

This Wednesday, the melamine market was stable with some declines.

This week, the market price of raw material urea first fell and then rose, and the cost support still exists. The operating rate of the melamine market is not high. Some companies have implemented pre-orders, but the downstream demand is not good. The willingness to purchase high-priced raw materials is not high, and the high-end price of melamine in the market has loosened.

 urea and melamine price

Huafu Chemicals believes that the current cost pressure is still relatively large, the operating rate of the supply side is low, but the support of the demand side is weak. It is expected that in the short term, the melamine market may be sorted out, and more attention should be paid to the downstream pre-holiday stocking situation.

 


Post time: Sep-26-2022


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