April 29 - On April 29, Sichuan Yulong Melamine ex-factory price is quoted at 5,900 CNY/ton, down 300 CNY/ton from the previous quotation day. The plant has an annual capacity of 50,000 tons. Chempricehub assesses melamine with a bull-bear score of -1. The decline of 300 CNY/ton in Sichuan Yulong's ex-factory melamine price to 5,900 CNY/ton indicates ample market supply or weak demand, exerting bearish pressure on spot prices. The price drop is significant (approximately 4.8%), reflecting short-term supply-demand imbalance. The score is moderately bearish (-1), potentially dampening bullish sentiment in the spot market.
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