The Melamine Market is Stable and Adjusted (Nov.17-Nov.22)

Melamine is one of the important raw materials for melamine resin molding powder. As a manufacturer of MMC for tableware, Huafu Factory will continue to share the melamine market trend with you.

As of November 22, the average price of melamine enterprises was 8,300.00 yuan/ton, an increase of 0.81% compared with the price on November 10.

Recently, the melamine market has been adjusted steadily.

China melamine price trend

From the perspective of cost, the recent raw material urea market has been running strongly, and the cost support has been strengthened.

From the perspective of supply and demand, some enterprises in the north installed parking minor repairs, but the downstream demand did not improve significantly. The procurement was mainly based on demand, and the market trading atmosphere was general. The focus of negotiations on the melamine market was stability.

 Chinese melamine factory

Huafu Chemicals believes that the current cost side supports the market's mentality of holding up prices, but the demand side is weak, the supply and demand side support is average, and the wait-and-see atmosphere is strong. It is expected that in the short term, the melamine market may operate with stability as the main focus.

 


Post time: Nov-24-2022


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