Melamine market price rises this week (6.14-6.18)

According to the monitoring sample data of the business community, as of June 18, the average price of melamine enterprises was 10600 yuan / ton, up 2.58% compared with the price at the beginning of the week, down 26.39% compared with the price on May 18 (14400 yuan / ton), and up 31.95% year on year in a three-month cycle.

Sodium Molybdate

In June, the melamine market rose steadily. Before the Dragon Boat Festival, the market supply was tight, and the downstream products were replenished actively. The market atmosphere was good, and the market rose slightly. After the festival, melamine enterprises came back. At present, the operating rate of melamine is about 70%, and the pace of downstream procurement has slowed down. They just need to replenish the warehouse, and they are resistant to high price raw materials, There is no pressure to take the goods, the market is rising steadily, and there is a strong wait-and-see mood.

Upstream urea, June 18, Shandong urea market temporarily stable, compared with the beginning of the week prices fell 0.74%. On the whole, urea cost support weakened this week, downstream demand slowed down, urea supply was tight, and supply exceeded demand.

Business analyst melamine said that the upstream urea price is running at high cost, and the cost support is still there. The market atmosphere is generally high. In the short term, the melamine market will be stable or stable, and more attention should be paid to the upstream and downstream information guidelines.

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