Melamine market stable operation, general atmosphere

1、 Melamine price trend

 

(Figure: P value curve of melamine product)

 

Sodium Molybdate

2、 Market analysis

 

On August 12, the melamine market was stable. According to the monitoring sample data of business agency, as of August 12, the average price quoted by melamine enterprises was 5366.67 yuan / ton, which was flat compared with the previous trading day, and increased by 5.92% compared with July 12 (5066.67 yuan / ton). At present, the enterprises mainly implement the early orders, and there is no pressure to carry out the goods. The overall supply of the market is sufficient, and the downstream just needs to purchase. The market atmosphere is general.

 

On August 11, the melamine commodity index was 57.71, up 0.36 points compared with yesterday, 42.29% lower than 100.00 points (2011-09-18), and 5.93% higher than 54.48 points, the lowest point on July 26, 2020. (Note: period refers to 2011-09-01 to now)

 

According to the data monitoring of the business agency, melamine prices in some regions (for reference only, the actual transaction price is mainly through negotiation): the price of melamine in some areas is higher than that in other regions

 

EDTA 2Na

Regional price date remarks

Shandong region 5500 yuan / T, ex factory quotation on August 22

Price of 4900 yuan / ton in Xinjiang on August 22

Sichuan Province ¥ 5300 / T, ex factory quotation on August 22

Henan Province ¥ 5300 / T, ex factory quotation on August 22

Upstream urea, recent (8.1-8.12) Shandong urea market rose. The upstream liquid ammonia has dropped slightly recently, and the cost support is general. Affected by the printing mark, the downstream demand is strong. The rubber plate factory and the compound fertilizer plant follow up appropriately, and the middlemen take delivery carefully.

 

3、 Future forecast

 

Melamine analysts in the business agency believe that the recent rise in the price of raw material urea, the cost side has a certain support, the overall market supply is sufficient, but the demand side performance is general, it is expected that in the short term, the melamine market will be mainly stable.

EDTA