According to the monitoring sample data of business society, as of November 5, the average price of melamine enterprises was 19633.33 yuan / ton, down 2% from Monday’s price and up 13.49% from October 5.

Melamine market fell this week. This week, the price of raw urea fell first and then rose, the cost support was insufficient, the operating load rate of melamine enterprises remained high, the export slowed down, mainly on the sidelines, the domestic trade demand was flat, there was no significant improvement, the downstream procurement enthusiasm was not high, and the market atmosphere was light.

For upstream urea, the domestic urea market rose slightly on November 5, down 3.51% compared with the quotation on Monday. Upstream coal prices have fallen slightly recently and cost support has weakened. In terms of demand, the peak of agricultural demand has passed, sporadic fertilizer supplement in some areas, industrial demand is just needed, the demand for urea in downstream compound fertilizer and rubber plate plants is good, the operating load rate of melamine enterprises remains at a high level, and most of them follow up with the appropriate amount. In terms of supply, urea enters the centralized maintenance period, and the supply decreases. On the whole, the urea cost support is weakened, the downstream demand is weakened, and the urea supply is insufficient.

Melamine analysts of business society believe that at present, the cost support is insufficient and the supply and demand support is general. It is expected that in the short term, the melamine market may focus on sorting out the weak, and more attention should be paid to the guidance of market news.