April 28 – On April 28, Sichuan Yulong's melamine ex-factory price was quoted at 6,200 yuan/ton, down 500 yuan/ton from the previous quotation. The plant has a production capacity of 50,000 tons. Chempricehub comments on melamine with a bullish/bearish rating of -1.5: Sichuan Yulong's melamine ex-factory price dropped by 500 yuan/ton from the previous quotation to 6,200 yuan/ton, a notable decline of approximately 7.5%, indicating oversupply or weak demand, which poses a generally to significantly bearish impact on spot prices. The price decrease may reflect capacity release (plant capacity of 50,000 tons) or increased market inventories. Short-term spot prices are expected to remain under pressure, potentially leading to a wait-and-see attitude among downstream buyers and dampening purchasing enthusiasm.