This is the latest melamine market analysis and forecast shared by Huafu Melamine Factory for you. Hope it works for you.
After the Spring Festival, the domestic melamine market is basically in line with the expected upward trend before the holiday, and the quotations of enterprises have been raised one after another.
At present, the ex-factory price of melamine has generally risen by 1500-2500 yuan / ton (236-393 US dollars / ton) compared with the pre-holiday period, an increase of nearly 84% compared with the same period last year.
1. With the gradual recovery of logistics, manufacturers are basically shipping normally, and there is no pressure on production and sales. Therefore, the overall supply and demand pattern is relatively tight, and the market has a strong bullish atmosphere.
2. The downstream market has returned to normal, and most of them are in a state of suspension and holiday. Therefore, the current release of terminal demand is limited, and it is necessary to wait and see cautiously.
China's melamine enterprises operating load rate
From the Chinese New Year to the festival, the sluggish start of construction has also become one of the reasons for the rise in melamine prices.
1. Some devices are shut down and new equipment is being repaired. The current operating load rate is about 67%. It is expected that after the second half of the year, with the resumption of production of some parking equipment, the load level may pick up.
2. The price of raw material urea stabilized after the holiday and rose in some areas. With the gradual launch of the market and the gradual recovery of trading, there is still room for prices to rise.
Huafu Chemicals believes that the domestic melamine market will continue to rise in the short term. However, the release of downstream demand is slow. As the supply of previous orders flows into the market, the high resistance will also increase, and the actual transaction volume will be restricted to a certain extent.
Post time: Feb-10-2022