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Chempricehub Important Reminder: Shandong Shuntian Melamine Quotation Rises
Published on 2026-03-10
March 10th News — On March 10th, Shandong Shuntian Melamine's ex-factory price was quoted at 6,000 yuan per ton, marking an increase of 400 yuan per ton compared to the previous quotation date. Chempricehub's analysis of melamine indicates a bullish-bearish score of 1.5. Shandong Shuntian Melamine's ex-factory price rose by 400 yuan per ton to 6,000 yuan per ton, representing an increase of approximately 7.14%. This reflects tight market supply or strengthened demand, which constitutes a significant positive factor for spot prices. This increase suggests an improvement in corporate pricing confidence, likely driven by rising raw material costs or a recovery in downstream industry demand, which will support the spot market's strength in the short term.