According to the monitoring sample data of business society, as of April 28, the average price of melamine enterprises was 10166.67 yuan / ton, down 14.80% compared with the price on April 1 and 2.56% year-on-year in a three-month cycle.

The melamine market fell in April. In the first half of the month, the price of raw urea was weak, the cost support was limited, the operating rate of melamine was high, the supply side was abundant, but the demand side performance was poor, the downstream operating rate was low, the follow-up of melamine was insufficient, the shipment of manufacturers was under pressure, the logistics and transportation in some areas were poor, the market trading atmosphere was light, and the price was weak. In the second half of the month, the price of raw material urea rose steadily, the cost support increased gradually, and the operating rate of melamine was high. With the opening of pre festival goods preparation in the downstream, the atmosphere of inquiry and procurement improved, the pressure on manufacturers’ inventory eased, the price of melamine stopped falling and rose, and enterprises mainly implemented advance orders.

For upstream urea, the domestic comprehensive price of urea rose slightly on April 27, and the reference price of urea was 3018.00, an increase of 1.86% compared with April 1 (2963.00). On the whole, the cost of urea is generally supported, the downstream demand is normal, the urea supply is high, the transportation is limited, and the future urea mainly fluctuates and rises in a narrow range.

Melamine analysts of business society believe that the price of raw material urea is relatively strong in the near future, the cost support is enhanced, and manufacturers mainly implement early orders. The market is expected to operate on a wait-and-see basis before the festival. It is expected that the melamine market may be stable in the short term, and more attention should be paid to the guidance of market news.