According to the monitoring sample data of business agency, as of August 16, the average price of melamine enterprises was 7766.67 yuan / ton, up 7.37% compared with the price on last Tuesday (August 9), down 2.51% compared with the price on July 16, and down 24.60% year-on-year in a three-month cycle.

In the recent period (8.9-8.16), the melamine market was stable first and then rose. Recently, the market price of raw material urea fluctuated slightly, with limited impact on the cost side. On the supply side, some enterprises in some regions stopped or reduced production, the market supply was reduced, the supply side supported the price of melamine to rise, and the downstream just needed purchase was the main one. The demand side was flat.

For upstream urea, the domestic urea market rose on August 15. The prices of upstream anthracite and natural gas were adjusted at a low level, and the cost was generally supported. In terms of demand, agricultural demand has basically ended and industrial demand has increased. The start-up of the rubber plate factory is low, and the just need to purchase is the main one. The compound fertilizer factory follows up on the bargain hunting. The price of melamine was adjusted at a low level, and the enthusiasm for urea procurement was general. In terms of supply, some manufacturers have started maintenance, and the daily output of urea is about 150000 tons.

According to the melamine analysts of business agency, the current cost support is general, and the operating rate of the melamine market is declining, which supports the strong operation of the market. However, the downstream demand performance is flat, and the market mentality is still cautious. It is expected that the melamine market will be strong in the short term, so we need to pay more attention to the market information and guidance.