Melamine is made of urea, and China is the world's largest producer of urea. The abundant urea resources make China's melamine production uniquely advantageous.
The melamine market is operating stably, with an increase of 0.57% compared to the previous trading day, an increase of 1.35% compared with the price on September 3rd 2021, and an increase of 213.10% compared with the same period last year.
Melamine Market Forecast
Although the current overall average operating load rate is nearly 80%, there are many pending orders from companies, and with the growing bullish atmosphere, some downstream actively follow up, and the market supply is relatively tight.
Therefore, Huafu Chemicals believes that the short-term domestic melamine market will continue the upward trend of tight prices, and the price is higher, downstream resistance continues to exist, and it is relatively cautious to obtain goods.
As a manufacturer of melamine powder, melamine molding compound, and melamine glazing powder, Huafu Factory has rich experience in color matching and stable quality, escorting the production for more and more factories home and abroad.