The recent market situation of melamine is mainly stable. According to the Commodity Market Analysis System of the Business Society, as of August 14th, the average price of melamine enterprises was 7050.00 yuan/ton, which is the same as last Tuesday (August 8th).

Supply and demand side: The production capacity utilization rate of the melamine industry is high, and the downstream demand side is average. The main demand for raw material procurement is rigid, and the market trading atmosphere is flat. The price of melamine is mainly stable. On the 14th, the mainstream factory price of enterprises in central China was around 7300-7500 yuan/ton.

Cost side: Recently, the market price of raw material urea has been running smoothly. According to the commodity market analysis system of Business Society, the reference price of urea on August 11th was 2577.14, a decrease of 1.74% compared to August 1st (2622.86). Cost side has some support for the melamine market.

Melamine analysts from Business Society believe that current market transactions are mainly in demand, and the market atmosphere is average. It is expected that in the short term, the melamine market may be on the sidelines for consolidation and operation, and more attention needs to be paid to changes in raw material urea prices.