According to the monitoring sample data of the business community, the average price of melamine enterprises was 8266.67 yuan/ton as of December 21, a decrease of 0.81% compared with last Thursday (December 15).
Recently, the melamine market has been stable and fluctuated slightly, and the enterprise’s quotation is mainly stable, with both rising and falling. From the perspective of cost, the market price of raw material urea has declined recently, and the cost support has weakened. From the perspective of supply and demand, the operating rate of melamine market is high, the domestic downstream demand is weak, procurement is based on demand, the market trading atmosphere is general, and some enterprises’ export orders are acceptable.
For upstream urea, the domestic urea market fell on December 21. On December 20, the reference price of urea was 2758.00, down 1.43% compared with December 1 (2798.00).
Melamine analysts from the business community believe that at present, the price of raw material urea is weak, the cost support is weak, and the market operation rate is high. However, the domestic downstream demand is average, the market atmosphere is flat, and the wait-and-see atmosphere is strong. It is expected that in the short term, the melamine market will be weak and stable, and more attention should be paid to the change of raw material price.
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