1、 Melamine price trend:
(Figure: P value curve of melamine product)
2、 Market analysis:
| PVA 2088 (PVA BP20) |
Product: according to the monitoring sample data of the business agency, the melamine market did not change significantly on the 23rd. In recent years, the operation rate of melamine plant has slightly decreased, but at present, the supply of goods in the market is sufficient, the downstream demand has not been substantially improved, and the on-site trading atmosphere is light. As of April 23, the average price of melamine enterprises was 5100 yuan / ton, which was the same as that of yesterday and 4.37% lower than that of April 1. On the 23rd, the mainstream price of melamine market in China was around 4600-5300 yuan / ton.
On April 22, the melamine commodity index was 54.84, the same as yesterday, a new low in the cycle, 45.16% lower than the peak of 100.00 on September 18, 2011. (Note: cycle refers to 2011-09-01 to now)
Industrial chain: on April 22, the urea market in Shandong fell slightly, and the enthusiasm for receiving goods in the downstream was weak. The future market expected the urea price to fluctuate slightly. This week (4.20-23), the domestic liquid ammonia market fell slightly, most manufacturers reported stability, some manufacturers were affected by the inventory pressure, slightly reduced the quotation, and there was a downward action in the middle of the week, with the range of 50-100 yuan / ton. According to the monitoring of the business agency, the current price of liquid ammonia in the northern region is about 3000 yuan / ton.
| PVA |
Industry: according to the price monitoring of the business agency, there are six commodities in the list of commodity prices rising and falling on April 22, 2020, among which the top three commodities are acetone (2.99%), ethyl acetate (1.21%) and acetic anhydride (0.73%). There are 19 kinds of commodities falling on a month on month basis, and one kind of commodities falling by more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three products falling were ethylene (- 5.41%), styrene (- 3.56%) and mixed xylene (- 2.22%). The average price of this day was – 0.21%.
3、 Future forecast:
Melamine analysts believe that the melamine market is expected to be weak and stable in the short term.
| POLYVINYL ALCOHOL |