1、 Melamine price trend
(Figure: p-value curve of melamine products)
2、 Market analysis
Melamine market showed an upward trend in March. According to the monitoring sample data of the business community, as of March 31, the average quotation price of melamine enterprises was 8716.67 yuan / ton, which was 15.20% higher than that on March 1, 19.95% higher than that on March 1, and 62.42% higher than that on the same period last year.
In the first ten days of March, the supply side of manufacturers was tight, the downstream enterprises started to recover gradually, the demand gradually improved, and the price went up. However, as the price rose to a high level, the downstream was cautious about high price, mainly purchasing on demand, and the market was stable. In the middle of the month, the atmosphere of new orders in the market was weak, sales were under pressure, and the market was weak With multiple support of replenishment demand, the market has a strong rising atmosphere, and the market is strong and upward.
For upstream urea, in March 2021, the ex factory price of urea in Shandong first fell and then rose. In March, the average ex factory quotation price of mainstream urea manufacturers in Shandong fell from 2183.33 yuan / ton at the beginning of the month to 2070.00 yuan / ton on March 15, down 5.19%, and then rose to 2170.00 yuan / ton on March 31, up 4.83%.. On the whole, the urea market in Shandong fell slightly in March.
3、 Future forecast
Melamine analysts of business news agency believe that the price of upstream urea fell in April, and the cost support was slightly weak. However, the manufacturers, with the support of orders received in advance, were able to take delivery of the products. It is expected that the domestic melamine market may be high in the short term, and the specific trend needs to pay more attention to the changes in raw material prices and market information guidance.
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