Our weekly Melamine reports are published for Asia, Europe and the US. Price assessments gathered by our locally based reporters cover spot business in Asia, contract and spot in Europe, and contract only in the US.
The market analysis in the commentary section offers overviews of regional activity, upstream news, production updates, graphs, and any other key factors influencing prices. This independent market intelligence can assist you in making those crucial commercial choices with confidence.
Updated to Q3 2020
Operating rates in China were slightly higher at the start of July then lower in the second half of the month as producers tried to balance the market by cutting run rates. By September, run rates were generally higher. However, some producers had unplanned shutdowns and one major producer conducted planned maintenance and supply fell back down in H2 September.
Demand in China was healthy from end-July to early August, despite it being a traditional lull demand period. Some said it was due to some distributors seeking out cargoes in response to rising spot prices in China. For the rest of August, bad weather hampered demand to a certain extent. In the export market, buyers were generally purchasing only on a need-to basis.
European oversupply has been the main reason for continued downward pressure in the market for the past two-and-a-half years. The market was less oversupplied compared to the height of the pandemic during Q2 when demand reductions impacted during the first lockdowns across Europe. Russian supply was limited in August and September and a planned Borealis maintenance in Piesteritz, Germany ended in September.
There was a improvement in demand in Q2 as restrictions were eased, although it failed to reach levels seen last year. Consumers spent more time at home and invest in DIY projects and improvements.
We offer the following regional Melamine analysis and news coverage to keep you informed of factors and developments affecting prices in the Melamine marketplace.
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News & market analysis specifically relating to Melamine
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
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Melamine was originally manufactured by heating dicyandiamide under pressure.
Melamine was originally manufactured by heating dicyandiamide under pressure. Currently, melamine is produced by the decomposition of urea into cyanic acid and ammonia in an endothermic reaction. Cyanic acid is then polymerised to form melamine and carbon dioxide.
Its most important reaction is that with formaldehyde, forming resinous compounds of high molecular weight. The construction and automotive industries figure high in driving melamine growth. Container and coil coatings, laminates and flame retardant uses have all experienced growth in recent years.
Melamine is used in the production of moulding powder to make dinner ware, coatings in cars, fan coils and appliances. Other uses include adhesive resins, which are used in the making of wood panels for the construction of kitchens, bathrooms, furniture and flooring. Melamine is produced by heating urea, ammonia (NH3) and carbon monoxide, of which the resulting mixture of isocyanic and ammonia reacts over a solid catalyst at about 400ºC.
Melamine is moderately toxic by ingestion and a skin and eye irritant.
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