Here are the melamine enterprises operating situation and melamine market analysis shared by Huafu Factory for you.

This week, the operating load rate of Chinese melamine enterprises was 71.87%, an increase of 6.05 percentage points from the previous month and a year-on-year increase of 5.75 percentage points.

As some parking devices continue to resume production, Huafu Chemicals believes that the average operating load rate of domestic melamine enterprises will increase to about 80% next week.

Statistics on the operating load rate of Chinese melamine enterprises

This week, the domestic melamine market stabilized after an appropriate correction at the low end. The national average ex-factory price of normal pressure products was 10,913 yuan/ton ($1,727/ton), down 6.92% month-on-month and up 35.36% year-on-year.

Market trend analysis, forecast and operation suggestions

1. In the short term, the production situation of enterprises is relatively stable, so the operating load rate will fluctuate around 80%, and the supply of goods is relatively sufficient.

2. On the demand side, the domestic downstream continues to advance steadily, and the export side pays attention to the changes in the news, which may continue to affect purchasing enthusiasm in the short term.

3. The contradiction between supply and demand may gradually appear in the later period. Huafu Chemicals believes that the domestic melamine market transaction situation is difficult to say optimistic, and the possibility of price loosening cannot be ruled out for active shipments, while the urea price remains high and will continue to provide cost support.