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Home Commodities Chemicals Melamine Melamine prices, markets & analysis

Melamine prices, markets & analysis

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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.

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Market Overview

Updated to Q4 2020

Asia

Plant operating rates in China were relatively high for much of Q4. From mid-October to early December, plant run rates were largely at 70% capacity or above. Producers in China were incentivised by higher prices in November. While supply in China lengthened towards the end of the 2020, the impact on the export market was limited as logistic issues constrained supply to buyers outside of China.

Demand in China was healthy after the Golden Week holidays in early October. Overall demand in China saw limited changes, apart from a slight drop towards the end of 2020 after prices in the domestic market started to fall, keeping buyers on the sidelines. In other parts of Asia, demand was generally stable in Q4, although some players were anticipating further price declines late in the quarter.

Europe

The market became less oversupplied as Q4 progressed. Various contributing factors shifted the market, including healthier domestic demand; production issues leading to reduced supply; and import delays due to shipping container shortages. Local production maintenances and unplanned issues tightened supply.

Demand was fairly solid and activity in December was better than expected compared to previous years. The do-it-yourself (DIY) sector largely supported demand as end-users focused on home improvement projects while spending more time at home during the pandemic.

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How we can help

Melamine anhydride news and market information products from ICIS

We offer the following regional Melamine analysis and news coverage to keep you informed of factors and developments affecting prices in the Melamine marketplace.

  • Price reporting

    More information about the price reports we publish on Melamine
    Independent price assessments and market coverage by region

    • Asia
    • Europe
    • US
  • Price history

    More information about the historical price data we publish on Melamine
    Track historical price data

    • Asia
    • Europe
    • US
  • News & analysis

    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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Services

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Pricing Intelligence

Pricing information

Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:

  • Spot and contract price assessments
  • Market commentary on trends and developments
  • Transactions reported and confirmed
  • Plant and production news

Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.

  • Find out more about ICIS pricing reports >>

Price forecast services

Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.

  • Find out more about ICIS chemicals forecast reports >>

  • Find out more about ICIS fertilizers forecast reports >>

Dashboard – Easy access to ICIS pricing data

ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.

ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.

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Margin reports

ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.

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Supply and Demand Window on ICIS Dashboard

The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.

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Industry News

 

24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.

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Analytics

Supply & Demand Data

An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.

  • Find out more about the ICIS supply and demand database >>

Training and Conferences

Training courses

ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.

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ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.

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Consulting

Global markets

Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.

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China markets

ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.

  • Find out more about ICIS consulting expertise in China >>

Methodology

ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.

Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.

Over 25 years of reporting on key chemicals markets, including Melamine, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.

Melamine Methodology

Melamine was originally manufactured by heating dicyandiamide under pressure.

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About Melamine

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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