Today, Huafu Melamine Company will share with you the melamine market situation in 2022.
Melamine Price Trend
As of January 11, the average price of melamine enterprises was 1,538 US dollars / ton; the price increased by 1.21% from last Tuesday (January 4), and decreased by 45.34% from the previous month.
At the beginning of 2022, the melamine market was stable and adjusted upwards.
- In terms of cost, the price of raw material urea has risen recently, and the cost support has risen.
- On the supply side, part of the maintenance equipment has been restored one after another, and the operating rate has increased.
- On the demand side, the export market supports the market, and the domestic trade demand gradually weakens.
The domestic urea market rose on January 11, up 2.57% from January 4. On the whole, urea cost support is strengthened, downstream demand is strengthened, urea supply is insufficient, and urea will rise slightly in the market outlook.
Melamine and urea price comparison
Huafu Chemicals believes that the current price of raw material urea is rising, the cost support is strengthened, the operating rate is high, and the short-term market sentiment is acceptable. The melamine market will stabilize.
Reminder: There are only 15 days left until the Spring Festival holiday, and the order is full before the holiday.
For orders placed now, priority can be given to production and delivery after the resumption of work after the holiday.
Post time: Jan-14-2022