Huafu Chemicals, a manufacturer of melamine powder (China's top color matching), continues to share the melamine market analysis and recommendations for you.
From December 10 to December 16, the domestic melamine market stabilized after a continued decline.
1. The national average ex-factory price of atmospheric products was US$1405.8/ton, down 24.14% month-on-month and up 36.66% year-on-year.
2. As of December 16, the quotations of new orders for China's melamine were concentrated at US$1256.4-1413.4/ton, a decrease of US$235.6-314/ton from last week.
3. This week, the price of melamine continued to fall at a relatively rapid rate. Downstream industries at home and abroad maintain a cautious wait-and-see attitude. Manufacturers' shipments were not smooth, transaction prices continued to fall, and inventories continued to increase.
The following is the Market Analysis and Operation Suggestions for tableware factories
1. With the gradual stabilization of prices, domestic and foreign downstream enterprises have obtained a suitable supply of goods, which has obviously alleviated the inventory pressure of some manufacturers, and the intention to increase prices has gradually increased.
2. At present, the operating load level of enterprises remains high, and domestic demand will continue to tighten in the future, and it will be difficult for the market to form strong support.
3. In order to stimulate downstream purchases, Huafu Chemicals believes that the price of low-end melamine may be adjusted in the short-term, and adjustments to high-end prices are relatively limited.
Post time: Dec-20-2021