According to the monitoring sample data of the business community, as of June 2, the average price of melamine enterprises was 9166.67 yuan / ton, up 1.10% compared with the previous trading day, and down 27.25% compared with the price on May 1 (12600 yuan / ton).
Melamine market prices fell sharply after rising to a high level in May, and prices stopped falling and rebounded in June
In May, melamine prices rose to a new high and then eased. The market was in a downturn, with a monthly decline of 25.93%. Entering June, the melamine market stopped falling and rebounded on the 2nd. On the cost side, the price of upstream urea has risen recently, the cost support has been strengthened, on the supply side, the operating rate of melamine has decreased slightly, on the demand side, the downstream demand has improved, which has boosted the market.
Upstream urea, Shandong urea market rose on June 2. On the demand side, the demand for agriculture has increased; Affected by the mentality of buying up but not buying down, the downstream compound fertilizer and rubber sheet factories took goods actively, and the new orders of enterprises followed up well. Supply side: some urea plants shut down for maintenance, and the supply side is tightened. Enterprises have a strong attitude of supporting prices.
Melamine analysts of business news agency believe that in general, the upstream urea price has been strong in the near future, the cost support is strong, and the improvement of downstream demand has given support to the market price rise. It is expected that the melamine market will mainly rise in the short term.
| PVA |