According to the monitoring sample data of business society, as of April 11, the average price of melamine enterprises was 11766.67 yuan / ton, down 1.40% compared with the price on April 1, 1.94% compared with the price on March 11, and a year-on-year increase of 20.27% in a three-month cycle.

The recent melamine market is weak. Recently, the price of urea has fallen, the cost support has weakened, the operating rate of melamine is high and the supply side is abundant, but the downstream operating rate is low, the demand side is light, the manufacturers’ shipment is under pressure, coupled with the poor logistics and transportation in some areas, the market trading atmosphere is light and the price is weak.

For upstream urea, the domestic urea price fell slightly this week (4.4-4.8), and the quotation fell from 2953.00 yuan / ton at the beginning of the week to 2930.00 yuan / ton at the end of the week, down 0.78%, up 38.64% year-on-year compared with the same period last year.

Melamine analysts of business society believe that at present, the upstream urea price is rising, the cost support is limited, and the supply and demand support is insufficient. It is expected that the melamine market may be dominated by weak operation in the short term.