During September, the domestic melamine market once again started the price increase mode, and the high price hit a new high during the year, constantly refreshing the highest price in the past two decades.

China's melamine enterprise ex-factory price trend

Since last week, the domestic melamine market has seen price increases again, and after only one weekend, the increase has become uncontrollable. At present, the ex-factory price of new orders has generally increased by US$154-309/ton from last week, which is a 228% increase compared with the same period last year.

Statistics on the operating load rate of Chinese melamine enterprises

At present, for melamine companies, there are many pending orders, the supply of goods is relatively tight, and many orders are shipped in limited quantities. Therefore, Huafu Chemicals believes that the quotations of some companies may continue to rise in a short period of time, and as prices continue Rushing higher, due to cost pressure, coupled with the upcoming Chinese Mid-Autumn Festival and National Holiday, the downstream enthusiasm for getting goods will cool down in the later period. However, the decline of melamine is expected to be relatively limited, and the price of melamine will remain at a high level in the future.

Huafu Factory Storage

Since the price of melamine has remained high, coupled with the tight cargo space, it is particularly necessary to prepare sufficient raw materials for future production.

Melamine & melamine Molding Powder purchasing hotline: +86 15905996312

Email: melamine@hfm-melamine.com