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Returning after the holiday, the domestic melamine market has changed from the sluggish trend in previous years, and the quotations of enterprises have been raised one after another.
Startups remain low
Starts remain lowStarts remain lowSince January this year, the operating rate of the melamine industry has gradually declined, and the overall supply has been at a low level
"The low operating rate has become one of the factors driving up the melamine market
It is understood that around the Spring Festival, equipment in Hebei, Shandong and Xinjiang was shut down for maintenance, involving about 445,000 tons of melamine production capacity, accounting for about 22% of the country's total production capacity
"Although Xinjiang Yuxiang 50,000 tons/year and Xinjiang Jinxiang 50,000 tons/year melamine maintenance units have resumed production one after another, Guangxi Chuanhua Tianhe 50,000 tons/year unit is scheduled to restart in mid-to-late February, Hebei Xinji Jiuyuan 6 The 10,000-ton/year and Shandong Helitai 30,000-ton/year units will be restarted in late February, but the concentrated release of melamine supply is expected to be in March
Just need to gradually improve
Just need to gradually improve Just need to gradually improveAccording to Ding Xiuna, although downstream terminal factories have been closed for holidays before the holiday, some enterprises have received more export orders.
As of February 8, the domestic average ex-factory price of melamine was 12,300 yuan, up 20.
"At present, the recovery of the downstream market is normal.
Raw material support
High support for raw materials High support for raw materialsFrom the perspective of melamine raw materials, the recovery of downstream demand has promoted the overall improvement of the urea market atmosphere, and the short-term price is mainly upward
"After the holiday, the price of raw material urea in some regions has been stable and rising
From the perspective of supply, most of the urea enterprises that stopped before the Spring Festival will resume production in mid-February or mid-March
At present, the mainstream factory reference price of urea in North China is 2500~2640 yuan.
