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    Home > Agriculture News > Fertilizer News > The domestic melamine market trended stable in the first half of 2016

    The domestic melamine market trended stable in the first half of 2016

    • Last Update: 2022-03-16
    • Source: Internet
    • Author: User
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    In the first half of 2016, the overall adjustment room for the domestic melamine market was limited.
    The average ex-factory price of atmospheric products was 5898 yuan/ton, down 0.
    25% from the previous month and up 3.
    06% year-on-year.
    After the Spring Festival, the real estate industry recovered slowly, and manufacturers such as terminal panels continued to operate at a low level.
    They mostly produced according to orders.
    The procurement volume of melamine continued to be tepid and limited by profit margins.
    The industry believes that a substantial price adjustment is of little significance.
    As can be seen from the figure on the left, there have been two gains in the first half of the year.
    One was the strong export situation in early March, and the contradiction between domestic supply and demand was slightly eased; the other was in late April when the company’s installations were parked for maintenance, and the supply of goods was once biased.
    Under the tight, favorable boost, manufacturers raised their prices within a narrow range, but due to the insignificant increase in domestic demand, the upward trend was difficult to sustain.
    In the first half of the year, the mainstream ex-factory quotations of atmospheric products in the main domestic production areas were 5700-6100 yuan/ton, and the actual transactions were concentrated at 5500-5850 yuan/ton; the mainstream ex-factory quotations of high-pressure products were 6100-6200 yuan/ton.
    ?Analysis of market influencing factors a) The traditional Chinese holiday Spring Festival is in the first half of the year.
    Around the Spring Festival, domestic purchases and sales have gradually stagnated, and market transactions have been deserted.
    b) The recovery of the real estate industry is limited.
    Manufacturers such as sheet materials mostly produce according to orders, and the load continues to be low.
    Indirectly, the purchase of melamine has been significantly reduced.
    c) The raw material urea is "not busy in the peak season and bleak in the off-season", which has little support for the cost of melamine.
    ?Analysis of enterprise operating rate Figure 1 The domestic melamine enterprise operating rate fluctuated greatly in the first half of the year, with an average operating rate of 59.
    08%, a decrease of 0.
    51% from the previous month and an increase of 10.
    76% from the same period last year.
    At the end of 2015, the company's installations continued to be shut down for maintenance, and they recovered slowly at the beginning of this year.
    The operation cycle of enterprise installations is generally 2-3 months.
    In March and April, the centralized parking maintenance period is entered.
    The start of construction is relatively low.
    After the maintenance period, the high position is restored.
    The supply is sufficient and the price is restricted.
    Therefore, the price of melamine slowly declines in the latter part of May.
    3 Analysis of Imports and Exports in the First Half of the Year 2016 China's Melamine Import and Export Statistics Statistics Monthly Import Quantity (tons) Import Amount (USD) Export Quantity (10,000 tons) Export Amount (10,000 USD) January 14.
    02 64138.
    10%.
    Analysis of market conditions in the second half of the year predicts that the domestic melamine market in the first half of the year will be relatively stable as a whole.
    Downstream sheet metal and other manufacturers have been operating at a low level.
    Most of the melamine is purchased and used, and the transaction volume is not obvious.
    The export situation is slightly optimistic compared with the domestic trade market.
    Continue Digest some domestic surplus products.
    The downstream demand as a whole continues to be tepid, and the market is unlikely to improve significantly, and industry insiders are more cautious.
    At the beginning of the year, the main tone of the whole year’s market has been determined, and prices are unlikely to rise or fall sharply.
    When the so-called "golden nine silver ten" season, downstream industries at home and abroad may start slightly.
    At that time, the prices of individual manufacturers may push up, but the extent limited.
    Zhuo Chuang Information expects that the melamine market will maintain overall stability and local fine-tuning in the second half of the year.
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