April 22, 2024 — On April 21, Helitai Technology (formerly Shandong Lianhe) quoted its ex-factory price for melamine at 6,700 yuan per ton, a decrease of 1,500 yuan per ton compared to the previous quotation date. The plant has a production capacity of 70,000 tons. Chempricehub analyzed melamine with a long-short rating of -2. The report indicates that Helitai Technology’s ex-factory price for melamine has dropped to 6,700 yuan per ton, a significant decline of 1,500 yuan per ton (approximately 18.3%) compared to the previous quotation date. This reflects ample market supply or weak demand, exerting substantial downward pressure on spot prices. The plant’s 70,000-ton capacity may further intensify supply pressure, and spot prices are expected to face downward pressure in the short term.