On January 15, melamine market was temporarily stable

1、 Melamine price trend:

 

(Figure: p-value curve of melamine product source: Commodity analysis system of Business Association)

 

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2、 Market analysis:

 

On January 15, melamine market was temporarily stable. According to the data of the large scale list of business agencies, the mainstream price of melamine in the domestic market on the 15th was around 5200-5400 yuan / ton, the same as that on the 14th. In a half year cycle, it fell 3.78% year on year. At present, the mainstream price of melamine market in Xinjiang is around 4900 yuan / ton; the mainstream price of melamine market in Sichuan is around 5400 yuan / ton; the mainstream price of melamine market in Henan is around 5400 yuan / ton. The main quotation of melamine market in Shandong is around 5600 yuan / ton.

 

On January 14, the melamine commodity index was 63.80, the same as that on January 13, down 36.20% from the highest point of 100.00 (2011-09-18), and up 11.99% from the lowest point of 56.97 on February 24, 2015. (Note: cycle refers to 2011-09-01 to now)

 

3、 Future forecast:

 

According to melamine analysts of the business agency, as the Spring Festival holiday is approaching, the logistics is tight, and the downstream is going to have holidays one after another. The market exchange and investment atmosphere is gradually fading, and the enterprises are generally in the market. It is expected that the domestic melamine market will be stabilized temporarily in the short term.

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