The market atmosphere is light and melamine market is mainly stable

1、 Melamine price trend

 

povidone Iodine

(Figure: p-value curve of melamine products)

 

2、 Market analysis

 

According to the monitoring sample data of the business agency, as of February 2, the average quotation price of melamine enterprises was 7033.33 yuan / ton, which was flat compared with last Tuesday (January 26), decreased by 3.21% compared with January 2, and increased by 19.89% year-on-year in a three-month cycle.

 

The recent melamine market is mainly stable, and the market atmosphere is light. In terms of equipment, the operating rate of melamine will gradually increase, and the supply will increase. As the Spring Festival approaches, downstream terminals will have holidays one after another. In addition, due to the influence of logistics and transportation factors, enterprises generally take goods, and some manufacturers mainly export. At present, the mainstream price of melamine in Shandong is around 7000 yuan / ton, the mainstream price of melamine in Xinjiang is around 6300 yuan / ton, and the mainstream price of melamine in Sichuan is around 6800 yuan / ton. The quotation is for reference only, and the actual price shall prevail.

 

Upstream urea, February 2, Shandong urea market temporarily stable. The downstream demand is tightening as a whole. In agriculture, the price of urea is relatively high and the agricultural procurement is cautious. In industry, due to the impact of air pollution control in some areas, plate enterprises shut down, and compound fertilizer enterprises started with general load, so the demand for proper follow-up. On the supply side, the early maintenance units started in succession, and the output increased steadily.

 

According to the price monitoring of the business community, on February 1, 2021, there were 20 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, including one commodity with a rise of more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three commodities were pure benzene (5.03%), butanone (3.64%) and ammonium chloride (3.24%). There were 9 kinds of commodities with a month on month decrease, and 2 kinds of commodities with a decrease of more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top 3 products with a decrease were dichloromethane (- 12.01%), ethylene oxide (- 9.33%) and trichloromethane (- 4.00%). Today’s average rise or fall was – 0%.

 

3、 Future forecast

 

Melamine analysts of business news agency believe that the recent price rise of upstream urea and cost support are rising, but the downstream demand follow-up consumption is insufficient, and the market atmosphere is light. It is expected that the melamine market may be weak and stable in the short term, and the specific trend needs to pay more attention to the market news guidance.

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