1. Melamine price trend:
According to the data from the business associations’list, as of July 19, the market price of melamine had risen. At present, the mainstream price of melamine in China is 5800-7200 yuan/ton, which is 3.78% higher than that at the beginning of the week and 4.92% higher than that on June 19.
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II. Market analysis:
Products: Melamine market price rises. Enterprises often carry out pre-purchase in advance, without pressure on delivery. Recently, part of the overhaul equipment started to start, the market start-up rate has rebounded, and downstream terminal demand performance is general.
Industry chain: the upstream urea market is stagnant, the mainstream ex-factory prices have fallen slightly, the trading atmosphere is light, there is no favorable demand for agriculture and industry, and the downstream receipt enthusiasm is general.
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3. Future market forecast:
According to the business association’s forecast, the short-term domestic melamine market will be mainly stable operation.
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