China Melamine Marketing Monthly Review In Aug 2024
News China Melamine Marketing Monthly Review In Aug 2024 In August, the average spot price of melamine in China decreased by 3.67% month-on-month and 17.19%
Production: Monthly output of 143,800 tons, an increase of 14.95% compared to the previous month. Demand: Weak downstream demand, with exports slowing down due to the increase in shipping costs.
In May, the spot price of melamine in China fell by 0.33% month-on-month and 1.00% year-on-year. The domestic melamine market atmosphere was not good this month, with maintenance units gradually resuming operations before the May Day holiday in April, and the new 50,000-ton unit of Shuntian put into operation in early May, leading to a significant increase in market supply and a decline in melamine prices.
However, in mid-May, with the rise in urea prices, melamine companies strengthened their willingness to raise prices, and prices in northern companies began to slightly increase. But due to domestic demand constraints, new orders for companies were generally poor, and high-end prices fell again.
In the latter part of the month, the melamine market continued its slow decline in prices, with weak domestic demand and the impact of rising shipping costs affecting exports, leading to a decline in prices. However, considering the high urea prices, manufacturers have limited room to adjust prices.
Remark: The analysis is based on transaction in China’s PVA domestic market, it’s only for reference.
News China Melamine Marketing Monthly Review In Aug 2024 In August, the average spot price of melamine in China decreased by 3.67% month-on-month and 17.19%
News Statistical Analysis Of China melamine export date In July 2024 China Melamine export in july In July 2024, the melamine export volume of melamine
News China Melamine Powder Market Monthly Review In July 2024 1. China Melamine Powder Market Focus This Month Production: Melamine powder monthly output is 125,000
JINGJIANG MELAMINE POWDER
© JINJIANG MELAMINE