After a long period of low consolidation, the recent domestic melamine prices have apparently increased. At present, the melamine ex-factory price is 8100-8800 yuan (ton price, the same below), the market price of 8400 to 9000 yuan, compared with the previous low, generally rose 200 to 500 yuan, a high of more than 600 yuan. The recent rise in domestic melamine prices has four main reasons:
First, the market has bottomed out. The market trend of melamine this year has not been very good, and has been low and low, with the lowest ex-factory price falling to around 7,800 yuan, setting a new low in five years, and falling below the cost line of some small businesses. The market has accumulated a strong rebound force. .
The second is raw material urea prices. Since mid-August, there has been a noticeable upward trend in urea prices. Whether it is the ex-factory price or the wholesale price of the market, it has generally risen by 80 to 150 yuan, and the high price has reached about 200 yuan. Currently, the ex-factory price of urea is mostly 1550 yuan. 1700 yuan, the market wholesale price is mostly 1580 ~ 1800 yuan. The rise in raw material urea prices has boosted the production cost of melamine.
Third, the demand situation has improved. Melamine is mainly used in the sheet metal industry. In the fourth quarter, it was the peak season for the production of the sheet metal industry. Demand for melamine increased significantly. At present, there are tight supply conditions in many places such as Guangdong and Guangxi.
Fourth, the market price of international melamine rose. China is the world's leading exporter of melamine. About 20% to 40% of the annual production is exported, and exports have increased year by year in recent years. In 2002, the export volume of melamine in China was 39,400 tons. By 2006, it had increased to 93,600 tons, an increase of 137.56%. The international melamine price has a relatively large impact on the domestic market. In recent times, the international melamine market is also relatively tight, with market prices ranging from US$10 to US$60. Currently, the CIF price for melamine in the United States is US$1560 to US$1630, the CIF price in Southeast Asia is US$1100 to US$1200, and the CIF price in Europe is 920 to 950 euros. The increase in international melamine prices has led to a stronger domestic market.
First, the market has bottomed out. The market trend of melamine this year has not been very good, and has been low and low, with the lowest ex-factory price falling to around 7,800 yuan, setting a new low in five years, and falling below the cost line of some small businesses. The market has accumulated a strong rebound force. .
The second is raw material urea prices. Since mid-August, there has been a noticeable upward trend in urea prices. Whether it is the ex-factory price or the wholesale price of the market, it has generally risen by 80 to 150 yuan, and the high price has reached about 200 yuan. Currently, the ex-factory price of urea is mostly 1550 yuan. 1700 yuan, the market wholesale price is mostly 1580 ~ 1800 yuan. The rise in raw material urea prices has boosted the production cost of melamine.
Third, the demand situation has improved. Melamine is mainly used in the sheet metal industry. In the fourth quarter, it was the peak season for the production of the sheet metal industry. Demand for melamine increased significantly. At present, there are tight supply conditions in many places such as Guangdong and Guangxi.
Fourth, the market price of international melamine rose. China is the world's leading exporter of melamine. About 20% to 40% of the annual production is exported, and exports have increased year by year in recent years. In 2002, the export volume of melamine in China was 39,400 tons. By 2006, it had increased to 93,600 tons, an increase of 137.56%. The international melamine price has a relatively large impact on the domestic market. In recent times, the international melamine market is also relatively tight, with market prices ranging from US$10 to US$60. Currently, the CIF price for melamine in the United States is US$1560 to US$1630, the CIF price in Southeast Asia is US$1100 to US$1200, and the CIF price in Europe is 920 to 950 euros. The increase in international melamine prices has led to a stronger domestic market.
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