As of August 16, the average price of melamine enterprises was 7766.67 yuan / ton (about 1142 US dollars / ton), an increase of 7.37% compared with the price of last Tuesday (August 9), and fell by 24.60% year-on-year in a three-month cycle.
Recently (8.9-8.16) the melamine market conditions stabilized first and then rose.
- The market price of raw material urea has fluctuated slightly, and the impact on the cost side is limited. The supply side has supported the price increase of melamine.
- Upstream urea, the domestic urea market rose on August 15, the upstream anthracite and natural gas prices were low, and the cost support was general.
1. From the demand side: agricultural demand has basically ended, and industrial demand has increased. The rubber sheet factory started at a low level, and the purchase was mainly just in need, and the compound fertilizer factory followed up on dips. The price of melamine has been consolidated at a low level, and the enthusiasm for purchasing urea is general.
2. From the perspective of supply: some manufacturers have begun to overhaul, and the daily output of urea is about 150,000 tons.
Huafu Chemicals believes that the current cost is generally supported, and the operating rate of the melamine market has declined, which supports the strong operation of the market, but the downstream demand is flat, and the market mentality is still cautious. It is expected that the melamine market may be strong in the short term.
Post time: Aug-19-2022