Price trend

According to the latest market trends, the market price of melamine showed a slight downward trend after the holiday. There were differences in the prices of melamine from different brands and origins, but overall they reflected the characteristic of stable and decreasing market prices. For example, some traders provided quotes for melamine in Shandong region, some as high as 7,100 RMB/ton, while others were as low as 5,500 RMB/ton, but most quotes were concentrated between 6,300 RMB/ton and 7,000 RMB/ton. As of February 7th, the benchmark price of melamine in SunSirs was 6,200.00 RMB/ton, a decrease of 0.48% compared to the beginning of this month (6,230.00 RMB/ton).

Market supply and demand relationship

Supply side: The supply of melamine in the market was relatively stable, but the deployment of new production capacity and inventory adjustment strategies have had a certain impact on market prices. The supply and demand pressure in the upstream raw material urea market was relatively high, with daily production maintained at a high level, and new facilities being put into operation one after another, which to some extent suppresses the price of urea and thus affected the production cost of melamine.

On the demand side: The market's demand for melamine was relatively weak. Although downstream industries such as sheet metal and coatings had a certain demand for melamine, overall growth was weak. In addition, the insufficient purchasing power of fertilizer distributors and low market activity also led to a negative attitude from the demand side.

Market trend analysis

Short term trend: In the short term, the market price of melamine may continue to maintain a stable and slightly decreasing trend. The price fluctuations in the raw material urea market, the introduction of new production capacity, and changes in downstream demand will all have an impact on market prices.

Long term trend: In the long run, the trend of the melamine market will be influenced by various factors. With the development of the economy and the improvement of residents' living standards, the demand for melamine in downstream industries may change. Meanwhile, fluctuations in the raw material market, policy guidance, and overall industry capacity will have a profound impact on market prices.

In summary, the trend of stable and slightly decreasing prices in the melamine market after the holiday is the result of multiple factors working together. Enterprises should closely monitor market trends, strengthen inventory management, optimize product structure, and look forward to policy guidance to promote the healthy development of the market.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.