April 27 News - On April 27, Hebei Xinji Jiuyuan's ex-factory price for melamine was reported at 6,500 RMB/ton, down 700 RMB/ton from the previous trading day, with prices negotiable for transactions. Chempricehub assesses melamine with a bullish-bearish rating of -2. Reason analysis: The report indicates a drop of 700 RMB/ton in the ex-factory price of melamine compared to the previous trading day, to 6,500 RMB/ton, representing a decrease of approximately 9.7% (assuming the previous price was 7,200 RMB/ton). This suggests oversupply or weak demand in the market, and negotiable pricing further highlights buyers' bargaining pressure. This will directly exert downward pressure on spot prices, potentially leading to inventory accumulation and heightened wait-and-see sentiment, marking a significant bearish factor.