1. Melamine price trend:
According to the price monitoring of business associations: as of July 1, the market price of melamine has risen. At present, the mainstream price of domestic melamine is 5400-7200 yuan/ton, which is 1.09% higher than that of last Monday (June 24).
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II. Market analysis:
Products: Melamine market price rises. The melamine market rose slightly, but the downstream terminal demand did not change significantly, and the market was limited. At present, the ex-factory quotation of melamine produced by Jinshan Chemical Industry in Henan Province is 5400 yuan/ton, and that of melamine produced by Jinhe Industry in Anhui Province is 5900 yuan/ton.
Industry chain: The domestic market of liquid ammonia in the upstream slightly declined. Prices in East China, North China and Northwest China all declined in varying degrees. Today’s quotation of large factories is 50-100 yuan/ton lower than last weekend’s.
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3. Future market forecast:
According to the business association forecast: the short-term domestic melamine market will be mainly stable operation, the focus still needs to pay attention to upstream and downstream enterprises start work.
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