This is the melamine market trend shared by Huafu Melamine Powder Factory. For more details please read through this article.

According to the chart data, as of January 21, the average price of melamine enterprises was 1627 US dollars/ton, an increase of 5.03% compared with the price on Monday, and an increase of 7.29% compared with the price on December 21, with a three-month cycle, fell by 47.98% year-on-year.

The melamine market rose on Wednesday. Recently, the price of raw material urea has risen, cost support has risen, orders in the export market are better, and domestic downstream stocks are stocked in an orderly manner before the holiday.

Huafu Chemicals believes that the current melamine market trading atmosphere is good, and the company has sufficient orders in advance. It is expected that in the short term, the melamine market may run at a high level.

Warm Reminder: There are only 5 Days Left for the Chinese Spring Festival. Please place orders earlier for the new demand.