ICIS has a network of locally based reporters providing coverage of regional Melamine markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
Updated to Q3 2018
Melamine supply in the third quarter increased in line with the start-ups of several new plants. These new plants are located in China, including Xinjiang’s Xin Lian Xin’s 60,000 tonne/year plant, Kuitun Jinjiang Chemical’s 50,000 tonne/year unit and Xinji Jiuyuan’s 60,000 tonne/year facility. The average operating rate of China’s melamine plants was around 60-70%. Prices fluctuated within the range of $1,125-1,225/tonne FOB China.
Downstream demand for melamine outside of China was relatively stable in the third quarter as most buyers in south Asia and southeast Asia purchased cargoes on a hand-to-mouth basis. The exports from China increased in the third quarter due to the depreciation of Chinese currency, market sources said. In domestic China market, the demand was slowing down amid the economic downturn in the country and the escalating trade war between the US and China.
We offer the following regional Melamine analysis and news coverage to keep you informed of factors and developments affecting prices in the Asia Melamine marketplace.
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Melamine was originally manufactured by heating dicyandiamide under pressure.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Melamine. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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