1、 Melamine price trend

(Figure: p-value curve of melamine products)

2、 Market analysis

This week, the melamine market was mainly stabilized, and the prices of some enterprises rose. According to the monitoring sample data of the business community, as of February 5, the average price quoted by melamine enterprises was 7200 yuan / ton, up 2.37% compared with the beginning of the week, and down 0.92% compared with January 5. Recently, the price of upstream urea has risen, and the cost support is obvious. Melamine enterprises mainly ship orders in the early stage. As the Spring Festival is approaching, the terminal enterprises stop work one after another for holidays, and the demand is weakening. In addition, the logistics transportation in various places is gradually stopped, and the atmosphere of on-site trading is becoming lighter and lighter.

At present, the mainstream price of melamine in Shandong is around 7000 yuan / ton, the mainstream price of melamine in Xinjiang is around 6300 yuan / ton, and the mainstream price of melamine in Sichuan is around 6800 yuan / ton. The quotation is for reference only, and the actual price shall prevail.

Upstream urea, Shandong urea market rose on February 5. On the demand side, the agricultural procurement in the mainstream areas is cautious, and there is an appropriate amount of fertilizer preparation. Affected by the air pollution control, some plate enterprises shut down, the starting load of compound fertilizer enterprises is not high, and the industrial demand is limited. On the supply side, some gas head enterprises plan to resume production, and urea production is gradually increasing.

According to the price monitoring of business community, in the list of commodity price rise and fall on February 4, 2021, there were 14 kinds of commodities in the chemical industry sector, including 2 kinds of commodities with an increase of more than 5%, accounting for 2.2% of the number of commodities monitored in the sector; the top 3 commodities with an increase were crude benzene (9.53%), hydrobenzene (6.54%) and isooctanol (3.15%). There were four kinds of commodities that declined on a month on month basis, and the top three products were n-propanol (- 1.53%), isopropanol (- 1.18%) and styrene (- 0.23%). The average daily rise and fall was 0.35%.

3、 Future forecast

Melamine analysts of business news agency believe that the recent rise in the price of raw material urea has boosted the mentality of the industry, the operating rate of melamine has increased, the Spring Festival is approaching, and the market turnover is gradually weakening. It is expected that the melamine market may be stable in the short term, and the specific trend needs to pay more attention to the market information guidance.