ChemPriceHub Important Notice: Melamine Quotation Rises by 150 Yuan

On January 30, the ex-factory price of melamine from Henan Jinkong Tianqing was quoted at 5,550 yuan/ton, an increase of 150 yuan/ton compared to the previous quotation date. PriceSeek analysis of melamine: Bull-bear score: 1.5. The ex-factory price of melamine from Henan Jinkong Tianqing rose by 150 yuan/ton to 5,550 yuan/ton, an increase of approximately 2.7%, reflecting tight supply and demand in the spot market, possibly due to reduced supply or increased demand. This news constitutes a significant positive factor for spot prices, and prices are expected to continue rising in the short term. A score of +1.5 indicates a generally positive outlook, as the increase is notable but not yet at a major level. Subsequent changes in supply and demand should be monitored.