1、 Melamine price trend

(Figure: p-value curve of melamine products)

2、 Market analysis

According to the monitoring sample data of the business community, as of March 4, the average quotation price of melamine enterprises was 8100 yuan / ton, which was flat compared with the previous trading day, increased by 7.05% compared with the beginning of the month, increased by 15.17% compared with February 4, and increased by 36.52% compared with the same period last year.

Recently, the melamine market has been stable after a sharp rise. In terms of raw materials, the overall price of upstream urea is weak, but there is still room for support. At present, the supply side of manufacturers is tight, the downstream enterprises are gradually recovering, and the market consumption is expected to increase steadily. However, with the high price rise, the downstream enterprises are cautious about high price and mainly purchase on demand. At present, the melamine market is stable at a high level.

Upstream urea, March 3, Shandong urea market fell. On the demand side: the agricultural demand started gradually, the willingness of terminal procurement gradually increased, and the agricultural procurement in mainstream areas was cautious; the starting load of downstream compound fertilizer and rubber plate plants increased, and some downstream products were still cautious, most of them were market-oriented, and there was demand potential in the later industry. Supply side: on the supply side, at present, the operating rate of urea enterprises is about 73%, and the daily output is about 160000 tons. The manufacturers have little pressure on shipping. With the gradual recovery of logistics and transportation, the inventory accumulated during the festival is also declining.

3、 Future forecast

Melamine analysts of business news agency believe that in the near future, the price of upstream urea has weakened, the cost support has weakened slightly, and the wait-and-see mood in the middle and lower reaches has increased. However, the spot supply of melamine market is tight, and the market demand is gradually improving. It is expected that in the short term, the melamine market will mainly run at a high level, and the specific trend needs to pay more attention to the market information guidance.