Melamine price is stable and market atmosphere is weak

1、 Melamine price trend

 

(Figure: curve of P value of melamine product)

 

2、 Market analysis

 

According to the data of monitoring samples of business agency, as of March 10, the average price of melamine enterprises was 8100 yuan / ton, which was the same as that of the previous trading day, up 7.05% compared with the beginning of the month, 12.50% higher than February 10, and 12.50% year-on-year in three months.

 

On March 10, the price of melamine enterprises was generally stable. At present, the melamine commencement rate has been slightly increased, downstream users have been properly replenished in the early stage, mainly digesting inventory, weak purchasing intention, general follow-up of new orders of enterprises, and weak market atmosphere. At present, the mainstream price of melamine in Shandong is 8500 yuan / ton, the mainstream price of melamine in Xinjiang is 8000 yuan / ton, while that of Sichuan is around 8400 yuan / T. the quotation is for reference only, and the actual price shall prevail.

 

Urea in the upstream, the urea market in Shandong Province rose on March 10. Demand: agricultural demand is affected by rain and snow weather, urea goods are slow down, terminal purchasing intention is general, and agricultural procurement in mainstream areas is cautious; the starting load of downstream compound fertilizer and rubber plate plants is increased, and some downstream goods are still cautious, and the wait-and-see mood is strong, most of which are mainly in the market. Supply: at present, the starting rate of urea enterprises is about 72.5%, and the daily production is about 160000 tons, and the supply is relatively sufficient.

 

3、 Future forecast

 

Melamine analysts of business agency believe that at present, the downstream just needs replenishment as the main part, and the new orders in the market are in a weak trading atmosphere. It is expected that the domestic melamine market will be stable, medium and weak in the short term, and more attention should be paid to the market information guidance for specific trends.

POLYVINYL ALCOHOL