On January 12, the ex-factory price of melamine from Henan Jinkong Tianqing was quoted at 5,400 yuan/ton, an increase of 50 yuan/ton compared to the previous quotation date. PriceSeek analysis of melamine, with a bullish-bearish score of 1, indicates that the ex-factory price of melamine has risen by 50 yuan/ton to 5,400 yuan/ton, suggesting tightening market supply or strengthening demand, which directly supports spot prices. The price increase reflects short-term improvements in supply and demand, benefiting spot market sentiment. However, the increase is relatively small, classifying it as a general positive factor.