1、 Melamine price trend

(Figure: p-value curve of melamine products)

2、 Market analysis

According to the monitoring sample data of the business community, as of January 27, the average quotation price of melamine enterprises was 7033.33 yuan / ton, which was flat compared with the previous trading day, decreased by 3.21% compared with the beginning of the month, and increased by 23.39% year-on-year in a three-month cycle. Recently, the cost support is acceptable, and the manufacturers mainly carry out the early orders. As the terminal factories begin to enter the Spring Festival holiday, coupled with the impact of Limited Logistics and transportation, the demand is gradually weakening, the market trading atmosphere is general, and the market is mainly stable. 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, January 27, Shandong urea market temporarily stable. The downstream demand is tightening as a whole. In agriculture, the price of urea is relatively high and the agricultural procurement is cautious. In industry, due to the impact of air pollution control in some areas, plate enterprises shut down, and compound fertilizer enterprises started with general load, so the demand for proper follow-up. On the supply side, the early maintenance units started in succession, and the output increased steadily.

According to the price monitoring of business community, on January 26, 2021, there were 18 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, including 1 commodity with a rise of more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top 3 commodities with a rise were sulfuric acid (8.20%), hydrochloric acid (4.00%) and acetone (3.35%). There were 14 kinds of commodities that declined on a month on month basis, and the top three products were chloroform (- 4.41%), polyaluminum chloride (- 3.17%) and epichlorohydrin (- 3.07%). The average daily rise or fall was 0.06%.

3、 Future forecast

Melamine analysts of business news agency believe that the recent cost side has some support, but the demand side is weakening, and the market atmosphere is light. It is expected that the melamine market will be stable in the short term, and the specific trend needs more attention to the market information guidance.