The Increase Cost of Raw Material for Melamine Powder

In early September 2020, Huafu Chemicals shared the forecast data of the global melamine tableware market. We see that the market size of the melamine tableware industry has maintained the expected continuous upward trend.

 HFM melamine resin compound

In fact, the increase in methanol prices during the same period in November 2020 pushed up the price of formaldehyde. (Methanol is the raw material for the production of formaldehyde.) The price of formaldehyde from official suppliers in the industry has risen by 12-15%. Many chemical importers confirmed that methanol prices will rise further due to high demand in China in the past month and a half.

The price that is uncertain today will change rapidly tomorrow, and it will be the new price tomorrow. All raw material manufacturers are working hard to support their peers, hoping that the price increase dispute can be resolved as soon as possible.

melamine formaldehyde resin compound

As an expert in the production of melamine powder, Huafu Chemicals also suggests that tableware manufacturers can fully prepare for production when the price of raw materials is relatively stable.

If the tableware factory has requirements for raw materials in a short time, please place an order as soon as possible so that we can prepare enough raw materials to produce melamine formaldehyde compounds. Welcome to inquire.

Huafu melamine powder factory


Post time: Mar-05-2021


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