This week, the overall domestic melamine market continued its upward trend. The national average ex-factory price of normal pressure products was US$3,130/ton, an increase of 7.65% month-on-month and 285.10% year-on-year.
1. Exports continued to boost the domestic trade market, and the delivery of foreign trade orders by enterprises increased. The shipments of supporting enterprises are basically normal, the willingness to insure the price is strong, and the transactions in the domestic market are light.
2. The start-up load level of enterprises is slowly increasing, and many enterprises are expected to execute orders before this. Therefore, the overall supply of manufacturers is still tight, thus pushing prices to continuously break new highs.
3.Factory production pressure continues to increase with price increases, and there is greater resistance. Some terminals continue to reduce load or even stop production, and domestic demand is tepid.
Next, Huafu Melamine Powder Factory will share with you the melamine market trend forecast.
Huafu Chemicals believes that with the continuous restoration of parking facilities, it is expected that the level of enterprise load will increase substantially next week, and the market supply will increase accordingly. There is little pressure on short-term enterprise shipments, and prices will be relatively firm, while high-end transactions are average, and the supply and demand pattern tends to be loose with the start of construction. Do not rule out the possibility of loose local high-end transactions.
Taking into account the increase in raw material prices and shipping costs this year, as well as the high production costs, Huafu Chemicals suggests that factories can purchase sufficient quantities of MMC, melamine molding compounds and melamine glazing powder for tableware according to order requirements.
Purchasing Hotline: +86 15905996312 (Shelly Chen)
Post time: Oct-22-2021