According to the monitoring sample data of business society, as of December 7, the average price of melamine enterprises was 13393.33 yuan / ton, down 16.98% compared with December 1, 31.78% compared with November 7, and 13.59% year-on-year in a three-month cycle.

Melamine market prices fell broadly this week. Recently, the price of raw urea fell and the cost support weakened. The overall start-up of the melamine market is at a high level, but the demand side support is weak. Affected by environmental protection control and other factors in some areas, the downstream start-up is limited, the just demand is weak, the export is mainly wait-and-see, the support is limited, the manufacturer’s shipment is under pressure, the market is poor, and the focus of melamine negotiation is weak.

For upstream urea, the ex factory quotation of domestic urea decreased slightly on December 6, down 48.00 yuan / ton or 1.92% compared with December 3, and increased by 35.61% compared with the same period last year. The prices of upstream coal and liquefied natural gas have fallen slightly recently, and the cost support has weakened. In terms of demand, agricultural demand increased slightly, while industrial demand was mainly on the sidelines. The promotion of winter storage of chemical fertilizer was slow, and large urea purchase orders began to appear in the downstream compound fertilizer plants. The inventory of melamine enterprises was under pressure, and the focus of market negotiation was weakened. In terms of supply, the inventory of urea manufacturers is high, and the daily output of urea is about 150000 tons. At the end of the month, the gas head unit will be shut down one after another, and the urea output will decline. On the whole, the urea cost support is general, the downstream demand is mainly just demand, the market trading atmosphere is general, and the urea supply is reduced.

Melamine analysts of business society believe that the recent decline in urea prices, weakening cost support, oversupply in the market, poor shipment of enterprises and pressure on inventory. It is expected that the melamine market may be weak in the short term, and more attention should be paid to the guidance of market news.