Huafu Melamine Moulding Powder Factory will share with you the latest melamine market trend.

The domestic melamine market continued to rise this week.

• During Aug.12th and Aug.18th, the national average ex-factory price of normal pressure products was 7428 yuan/ton (about 1,092 US dollars/ton), an increase of 498 yuan/ton from last week, an increase of 7.19%, an increase of 4.48 percentage points from last week's increase.
• This week, new installations have been overhauled or production has been suspended, and the operating load rate of enterprises has continued to decline, resulting in tight supply of goods in some regions, and the intention to increase prices has increased significantly, and the increase has gradually expanded.

Market trend analysis and forecast

• The short-term raw material urea market will continue to be weak and downward, the price will decline, and the cost will be limited in the face of melamine.
• Huafu Chemicals believes that the price of melamine will continue to rise in the short term, and as the center of gravity continues to move up, the transaction volume will be limited.

Statistics on the operating load rate of Chinese melamine enterprises (20220812-0818)

• This week, the average operating load rate of Chinese melamine enterprises was 49.81%, down 0.99 percentage points from last week.
• Huafu Chemicals expects that the operating load rate of domestic melamine enterprises may gradually increase.