1、 Melamine price trend

(Figure: P value curve of melamine product)

2、 Market analysis

Melamine market is up this week. According to the monitoring sample data of business agency, as of November 13, the average price quoted by melamine enterprises was 6733.33 yuan / ton, up 7.45% compared with the beginning of the week and 20.24% higher than that on October 13. Manufacturers to implement early orders, spot supply is tight, the market is willing to rise, melamine prices go up.

At present, the mainstream quotation of melamine in Shandong is around 7000 yuan / ton, that in Xinjiang is around 5900 yuan / ton, and that in Sichuan is around 6500 yuan / ton. The quotation is for reference only, and the actual price shall prevail.

Upstream urea, November 13, Shandong urea market rose. The recent high-level consolidation of upstream liquid ammonia has a good cost support. Domestic demand is fair, agricultural demand in some areas has followed up, and industrial demand follows the market and purchases on demand. In terms of supply, some devices were overhauled and some of them were in short supply.

3、 Future forecast

Melamine analysts from the business agency believe that in the near future, the upstream urea price has risen slightly, the cost support has been strengthened, and the spot supply in the market is tight. It is expected that in the short term, the melamine market will be mainly stable, and more attention should be paid to the market news guidance for the specific trend.