Formaldehyde, pulp and melamine are important raw materials for making melamine resin molding compound. As an important raw material for melamine tableware, it is recommended that tableware manufacturers pay more attention to the market conditions of melamine.
In January, the melamine market was mainly stable. As of January 30, the average price of melamine enterprises was 8233.33 yuan / ton (about 1219 US dollars / ton), which was the same as the price on January 1.
At the beginning of the year, the raw material urea market rose slightly, and the operating rate of the melamine market dropped. However, the domestic downstream demand did not perform well, the market trading atmosphere was stalemate, and the price was stable and volatile.
In the middle of the month, some equipment was overhauled, and export orders were acceptable, but the mentality of domestic downstream stocking was general. The Spring Festival holiday was approaching, and the market was operating smoothly.
After the Spring Festival, the price of raw material urea was running at a high level, the cost support was strong, the operating rate of the industry was low, and the price of melamine rose steadily.
Huafu Chemicals believes that the current price of raw material urea has risen, cost support has been strengthened, the company's orders are still acceptable, and downstream demand is gradually recovering. It is expected that the melamine market will be mainly on the sidelines in the short term.
Post time: Feb-02-2023