1、 Melamine price trend
| Azodicarbonamide (AC foaming Agent) |
(Figure: P value curve of melamine product)
2、 Market analysis
Melamine market is weak in recent years. According to the monitoring sample data of business agency, as of December 9, the average price quoted by melamine enterprises was 7200 yuan / ton, which was 3.14% lower than that of last Wednesday (December 2), 14.89% higher than that of November 9, and 34.16% higher than that of the same period of three months.
At present, the melamine operating rate is high, and the overall market supply is relatively sufficient, but the demand side is low. Under the influence of local downstream environmental protection control, the construction is limited, and the negative factors in the market are around, and the melamine price is under pressure. At present, the mainstream quotation of melamine in Shandong is around 7000 yuan / ton, that in Xinjiang is around 6400 yuan / ton, and that in Sichuan is around 7000 yuan / ton. The quotation is for reference only, and the actual price shall prevail.
Upstream urea, Shandong urea market rose on December 9. 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.
On December 8, the commodity price index of urea and melamine was 98.50, which was the same as yesterday, decreased by 28.23% from 137.25 (2020-04-21), and increased by 22.73% from the lowest point of 80.26 on October 14, 2013. (Note: period refers to 2012-01-01 to present)
According to the price monitoring of business agency, on December 8, 2020, there were 23 kinds of commodities in the list of commodity price rise and fall on December 8, 2020. Among them, 1 kind of commodity increased by more than 5%, accounting for 1.1% of the total number of commodities monitored in this plate; the top three commodities were acetic acid (5.62%), maleic anhydride (4.48%) and acetone (4.41%). There were 10 kinds of commodities that declined on a month on month basis, with chloroform (- 2.70%), propylene glycol (- 2.37%) and styrene (- 1.65%). The average rise and fall was 0.38%.
3、 Future forecast
Melamine analysts in the business agency believe that at present, the supply of melamine market is sufficient, but the purchasing intention of downstream manufacturers is weak and the demand is weak. It is expected that in the short term, the melamine market will be dominated by weak operation, and the specific trend needs more attention to market information guidance.
| Melamine |