Melamine market is weak (12.8-12.13)

According to the monitoring sample data of the business community, the average price of melamine enterprises was 8266.67 yuan/ton as of December 13, a decrease of 0.80% compared with last Thursday (December 8).



Recently, the melamine market is weak. From the perspective of cost, the raw material urea market has risen after the recent fall, and the cost support has risen from a weak level, supporting the market price mentality. From the supply and demand side, the operating rate of the melamine market was high, but the demand side was low, the follow-up of new orders was insufficient, the enterprise sales were under pressure, and the focus of the melamine market negotiation fell.


For upstream urea, the domestic urea market rose on December 13. On December 13, the reference price of urea was 2756.00, a decrease of 1.5% compared with December 1 (2798.00).


Melamine analysts from the business community believe that at present, the price of raw material urea is relatively strong and the cost pressure is rising, but the supply and demand support is weak. It is expected that in the short term, the melamine market will be weak and stable, and more attention should be paid to the change of raw material price.

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