The melamine market is mainly stable (11.7-11.11)

According to the monitoring sample data of the business community, the average price of melamine enterprises as of November 11 was 8300.00 yuan/ton, up 0.40% compared with the price on Monday and 0.81% compared with the price on October 11.

 

Melamine

This week, the quotation of enterprises in the melamine market was mainly stable, and the price of some enterprises was adjusted. From the perspective of cost, the price of raw material urea has risen recently, and the cost has risen against the support of melamine. From the perspective of supply and demand, the overall operating rate of the melamine market is relatively high. Domestic downstream procurement is mainly based on demand, local transportation is limited, and the market trading atmosphere is general.

 

Sodium Molybdate

According to the monitoring data of the business community, the reference price of upstream urea was 2584.00 on November 10, an increase of 3.11% compared with November 1 (2506.00).

 

Melamine analysts from the business community believe that the current cost support is strong, the supply side operation rate is high, the demand side performance is average, and the market transaction is just in demand. It is expected that in the short term, the melamine market will operate with a subjective expectation of stability, and more attention should be paid to the changes in raw material prices.

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