According to the monitoring sample data of business society, as of May 26, the average price of melamine enterprises was 10125.00 yuan / ton, down 0.49% compared with the price on May 20, 0.41% compared with the price on April 26, and 17.91% year-on-year in a three-month cycle.

Recently (5.20-5.26), the melamine market is weak. Recently, the price of raw material urea has declined, but it is still high, the cost support is still strong, the operating rate of melamine is at a high level, the demand side has not been significantly improved, the downstream consumption and follow-up ability of melamine is insufficient, the manufacturer’s shipment is under pressure, the market trading atmosphere is flat, and the price of melamine has fallen.

For upstream urea, the comprehensive price of domestic urea fell slightly on May 25, down 10 yuan / ton or 0.31% compared with the price on May 24, up 38.63% year-on-year compared with the same period last year. The prices of upstream coal and liquefied natural gas fluctuated slightly, and the cost support was general. From the perspective of demand: agricultural demand is weakened, industrial demand is general, and downstream customers have a strong wait-and-see attitude towards high price urea. From the perspective of supply: there are many urea maintenance manufacturers, and the supply is reduced. The policy of ensuring supply and price stability remains unchanged.

According to melamine analysts of the business community, the current raw material urea price is high, the cost pressure is still there, the supply side starts at a high level, the demand side performs poorly, and the supply and demand support is insufficient. It is expected that in the short term, the melamine market may be dominated by weak consolidation.