On January 14, the ex-factory price of melamine from Chongqing Jianfeng was quoted at 5,350 yuan/ton, a decrease of 50 yuan/ton compared to the previous quoted price. PriceSeek's analysis of melamine indicates a long-short rating of -1. The reduction of 50 yuan/ton in Chongqing Jianfeng's ex-factory price to 5,350 yuan/ton suggests a potential increase in market supply or weak demand, exerting downward pressure on spot prices. The rating is -1 (generally bearish), as the price decline is significant but does not involve extreme factors. It is expected that the spot market will face pressure in the short term.