Today, Huafu Melamine Factory will share with you the trend of China's melamine market.
From February 11 to February 17, 2022, the domestic melamine market stopped falling and rebounded.
The national average ex-factory price of normal pressure products was 14,412 yuan/ton ($2,273.8/ton), up 3.08% from last week and 111.94% from the same period last year.
- In the absence of centralized resumption of work in the downstream last week, the release of domestic demand was slow, and the transaction of new orders was limited.
- With the weakening of the market, the enthusiasm of the downstream to acquire goods has cooled down, and the price continues to fall under pressure.
Statistics on the operating load rate of Chinese melamine enterprises (February 11-February 17, 2022)
Analysis and forecast of melamine market trends and operational recommendations.
- With the gradual increase in the load of resumption workshops and the planned resumption of downstream parking equipment, Huafu Chemicals believes that the average operating load rate of domestic melamine enterprises will pick up slightly next week.
- In addition, the terminal is also in the recovery process. With the continuous start of downstream construction, the demand will also increase; the market is unstable, and the current export is mainly wait-and-see.
- In the short term, the sales pressure of manufacturers still exists, and the price of melamine still has room to fall. However, there is still some support in terms of later demand and cost. Price cuts are expected to be somewhat limited.
Post time: Feb-18-2022