December 30th News
On December 30th, 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 quotation day. Chempricehub's analysis of melamine indicates a bearish score of -1. The reduction of 50 yuan/ton in the ex-factory price of Chongqing Jianfeng's melamine to 5,350 yuan/ton suggests ample market supply or weakening demand, exerting downward pressure on spot prices. This change reflects short-term bearish sentiment, with a moderately bearish rating due to the mild yet clear downward trend, which may influence downstream procurement strategies.