On April 12, the melamine market was weak

Trade name: melamine

 

Latest price (April 12): 11233.33 yuan / ton

 

The melamine market fell on April 12, down 4.53% compared with the previous trading day and 6.39% compared with the price on March 12. At present, the upstream urea price is temporarily stable, the cost support is limited, and the operating rate of melamine market is high, but the downstream demand is poor, the manufacturer’s shipment is not smooth, and the market trading atmosphere is light.

 

It is expected that in the short term, the melamine market may be weak and wait-and-see.

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