Today, the Huafu Factory shares precious information about the melamine market and its market forecast for the next 4 months.
During December 2021, the Chinese melamine market stopped falling and rebounded after falling.
As of December 29, the national average ex-factory price of melamine normal pressure products this month was US$1601/ton, a 40.23% drop from the average price of the same period last month.
1. In early December, the market price of melamine continued to fall.
2. In mid-December, the price of melamine approached the production cost line and stopped falling and rebounded.
3. At the end of December, due to the New Year's Day holiday and the approaching Spring Festival, the price increase slowed down and the operation was stable.
This is the statistics on the operating load rate of Chinese melamine enterprises (Dec.24-Dec.30,2021)
During Dec.24-Dec.30, the operating load rate was 72.15%, a decrease of 10.34% from November and an increase of 6.75 % year-on-year.
Huafu Chemicals believes that the average operating load rate of domestic melamine companies will gradually pick up.
Market Analysis and Forecast in January 2022
1. From the perspective of raw materials, the price of urea rose and fell limited in January, and the support for the cost of melamine was relatively weak.
2. From the perspective of supply, the operating level is still relatively high, and the supply of goods is still abundant.
3. Considering from the demand side, work will be suspended after New Year's Day. With the approach of the Spring Festival holiday, logistics will be suspended and market transactions will gradually slow down.
Now, Huafu Melamine and MMC Factory will predict the melamine market in the next three months in 2022 for you.
1. Before and after the Spring Festival, demand is limited, market transactions are deserted, and prices are sluggish.
2. After the Lantern Festival, especially after March, downstream production resumes one after another, and prices may rise.
Happy New Year to you All!
Post time: Dec-31-2021