January 7th News On January 7th, the ex-factory quotation for melamine from Sichuan Yulong was 5,350 yuan/ton. This represents a decrease of 50 yuan/ton compared to the previous quoted price. The plant has a production capacity of 50,000 tons. Chempricehub Analysis on Melamine: Bull-Bear Score: -1 The ex-factory quotation from Sichuan Yulong decreased by 50 yuan/ton to 5,350 yuan/ton, indicating ample supply or weakened demand in the spot market, exerting downward pressure on the spot price of melamine. The price decline reflects a short-term oversupply situation, which may be driven by capacity expansion (the plant has a capacity of 50,000 tons) or weak end-user demand, posing a bearish outlook for short-term spot prices.