Melamine, formaldehyde and paper pulp are important raw materials for melamine resin powder. As a manufacturer of MMC for tableware, Huafu Chemicals will continue to share the market situation of melamine with you.

At present, the national average ex-factory price of mainstream melamine refers to 7850 yuan/ton (about 1099 US dollars/ton), an increase of 2.88% compared with the end of October.

The main factors affecting the recent stalemate in the market

1. The domestic demand is sluggish, the purchasing enthusiasm is not high, and the market is short.

2. The normal execution of export orders relieves the pressure on domestic supply to a certain extent, which is on the high side.

3. The operating load rate of melamine enterprises has slowly increased to about 60%, and the output of goods is basically stable.

4. The raw material urea market continues to rise, and the cost provides a positive pull.

Huafu Chemicals believes that the short-term domestic melamine market will continue to adjust within a narrow range. The recent urea market has gradually slowed down, some melamine industry players will become more wait-and-see., therefore, the price may be adjusted flexibly within the current range.