March 10th News — On March 10th, Sichuan Meifeng's ex-factory quotation for melamine was 5,750 yuan per ton, an increase of 400 yuan per ton compared to the previous quotation date. The plant has a capacity of 50,000 tons and is currently shut down. Chempricehub's analysis of melamine indicates a bullish-bearish score of 1. Sichuan Meifeng's ex-factory quotation for melamine rose by 400 yuan per ton to 5,750 yuan per ton, with the plant shutdown leading to reduced supply, which is favorable for spot prices. The shutdown of the 50,000-ton capacity plant has intensified market supply tightness, driving up spot prices. This event reflects a short-term supply-demand imbalance, providing support to the spot market. However, as it does not involve significant policy changes or a surge in demand, it is assessed as a general positive.