According to the monitoring sample data of the Business News Agency, the average price of melamine enterprises was 8233.33 yuan/ton as of January 30, which was the same as that of January 1.

In January, the melamine market was mainly stable, and it was sorted and operated. In the first ten days, the market price of raw material urea rose slightly, the cost support increased, the operating rate of melamine market declined, and the export support made the enterprises have a low mentality, but the performance of domestic downstream demand was poor, the market trading atmosphere was stagnant, and the price fluctuated steadily. In the middle of the year, there is some support for the cost. Some equipment maintenance and export orders are acceptable, but the domestic downstream stock mentality is general. The Spring Festival holiday is approaching, and the market is running slowly and steadily. After the holiday, the price of raw material urea is high, the cost support is strong, the industry operating rate is low, and the price of melamine is rising steadily, but the actual performance of the demand side is general, and the market wait-and-see atmosphere is strong.

For upstream urea, the domestic urea market rose on January 30. According to the monitoring data of Business News Agency, the reference price of urea was 2746.00 on January 27, up 1.78% from January 1 (2698.00).

Melamine analysts from the Business Agency believe that at present, the price of raw material urea is rising, the cost support is rising, the orders to be issued by enterprises are still acceptable, and the downstream demand is gradually recovering. It is expected that in the short term, the melamine market will be stable and wait and see, and more attention should be paid to the guidance of market news.