Almost all factories are very concerned about the price of raw materials, and the market price of melamine is also highly concerned by tableware manufacturers.
This week, the domestic melamine market continued to weaken and decline. Normal pressure products average ex-factory price was US$2190.7/ton, a decrease of 7.19% month-on-month and an increase of 102.00% year-on-year.
Until this Thursday, the quotations of new melamine plants in China have fallen by US$204.1-219.8/ton from last week.
The operating load rate of Chinese melamine enterprises (Nov.26th-Dec.2nd)
Market forecast from Huafu factory
1. The operating load level of enterprises has increased to 73.26%, aggravating the imbalance between supply and demand in the market.
2. The price of urea stopped rising and stopped falling, and the support for the cost of melamine was weak.
3. The supply and demand of melamine are still loose, and good news about fundamentals is hard to find.
Huafu Chemicals Factory believes that domestic melamine prices will still be under pressure in the short term.
Maintain a good attitude, maintain stable procurement of melamine raw materials, maintain normal production, and keep in touch with the market.
Post time: Dec-03-2021