Today, Huafu Chemicals Factory will share melamine market price for you.
Good news this week, the domestic melamine market has stabilized after a moderate downturn. Melamine and MMC procurement hotline: +86 15905996312
First, let's take a look at the trend chart of the average ex-factory price of Chinese melamine companies.
1. The national average ex-factory price of atmospheric products dropped by 10.06% month-on-month and increased by 110.93% year-on-year.
2. At present, the quotations of new orders for China's melamine are concentrated at US$2239.3-2380.2/ton, which is a decrease of US$203.6-266.2/ton from last week.
3. At the beginning of this week, prices continued to fall rapidly, enquiries were deserted, manufacturers' shipments were not smooth, and prices were under pressure.
4. The market has temporarily stabilized, some companies have shifted their inventories to the downstream, and the overall market supply and demand have remained relatively loose.
Statistics on the operating load rate of Chinese melamine enterprises (20211119-1125)
Let's continue to look at the analysis of the market trend of melamine
1. This week, the operating rate of China's melamine enterprises was 66.35%, a slight drop of 1.38 percentage points from the previous month and a year-on-year drop of 4.57 percentage points.
Huafu Chemicals believes that the operating rate of domestic melamine enterprises will increase to more than 70% next week.
2. The price of raw urea rebounded moderately, but the current price increase is limited and it is difficult to provide substantial cost support for melamine.
Huafu Chemicals believes that the domestic melamine market will continue to rise in the short term or there will be some resistance, most of which will continue to make steady progress.
Warm reminder: Manufacturers can trade flexibly according to their own order status, and some cases of poor shipments are not ruled out.
Post time: Nov-26-2021