According to the monitoring sample data of business agency, as of March 29, the average price of melamine enterprises was 12333.33 yuan / ton, which was flat compared with the price on Friday (March 25), decreased by 1.33% compared with the price on March 1, and increased by 26.71% year-on-year in a three-month cycle.

The recent melamine market is mainly stable. Recently, the price of urea is weak, the cost support is weakened, the operating rate of melamine is high, the demand performance is insufficient, and the manufacturer’s shipment is not smooth. In addition, there is a certain impact on logistics and transportation, the market trading atmosphere is light, and the price is stable and wait-and-see.

For upstream urea, the comprehensive price of domestic urea fell slightly on March 28, down 27 yuan / ton, or 0.90%, compared with the price on March 25, and increased by 39.83% year-on-year compared with the same period last year. On the whole, the cost of urea is generally supported, the downstream demand increases, the supply of urea increases, and the aftermarket urea fluctuates mainly in a narrow range.

Melamine analysts of business society believe that at present, the cost support is limited, the demand performance is poor, and the market wait-and-see atmosphere is strong. It is expected that the melamine market may be weak in the short term.