January 30th News
On January 30th, Helitai Technology (formerly Shandong Lianhe) quoted the ex-factory price of melamine at 5,300 yuan per ton, a decrease of 150 yuan per ton compared to the previous quotation date. The plant has a production capacity of 70,000 tons.
Chempricehub Analysis of Melamine: Bull-Bear Score: -1
Helitai Technology’s ex-factory price of melamine was lowered by 150 yuan per ton to 5,300 yuan per ton, indicating potential oversupply or weak demand in the market, exerting downward pressure on spot prices. This price reduction reflects intensified competition among producers or rising inventory pressure, which may suppress the overall price level in the spot market in the short term.