April 21 — On April 21, the latest ex-factory quotation for melamine from Shanxi Fengxi was 6,700 yuan per ton, a decrease of 1,800 yuan per ton compared to the previous quotation date. The plant has an annual capacity of 140,000 tons and a daily production of 350 tons. Chempricehub’s analysis of melamine shows a bearish score of -2. The ex-factory quotation for melamine has dropped sharply by 1,800 yuan per ton to 6,700 yuan per ton compared to the previous quotation date, a decline of approximately 27%, reflecting market oversupply or significantly weak demand. With the plant’s capacity of 140,000 tons and a daily production of 350 tons, supply pressure continues to intensify, posing a significant bearish impact on spot prices. It is expected that the spot market will face further downward pressure in the short term, with trader sentiment turning bearish.