April 27 News – On April 27, Chongqing Jianfeng’s ex-factory price for melamine was reported at 6,200 RMB/ton, a decrease of 500 RMB/ton compared to the previous quotation. According to Chempricehub's assessment, the bullish-bearish score for melamine stands at -1.5.
On April 27, Chongqing Jianfeng lowered its ex-factory melamine price by 500 RMB/ton to 6,200 RMB/ton, indicating ample market supply or sluggish demand, which has placed downward pressure on spot prices. This decline (approximately 7.5%) reflects inventory pressure at the production end or weakened downstream procurement, potentially intensifying bearish sentiment in the market. Spot prices may continue to decline in the short term.
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