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Updated to Q2 2020
European melamine supply is likely to lengthen as demand has decreased amid the coronavirus pandemic. It is unclear how long lockdown measures will impact production and if suppliers will reduce run rates. In Italy, consumer plants are running at lower capacity after restrictions to nonessential industrial production, reducing demand year-on-year. Customers have been cancelling orders or postponing, which demonstrates the level of uncertainty. Demand typically follows GDP growth, which has been heavily hit.
There are concerns over the fallen demand stemming from the coronavirus outbreak and its impact across Europe. Demand has been heavily impacted due to governmental restrictions. In a typical year, Q2 sees a boost in demand, but this year is unprecedented. Before the virus hit Europe, the view was that prices had reached the bottom and the market was about to enter a period of improved demand. However, the outlook changed dramatically as March progressed.
We offer the following regional Melamine analysis and news coverage to keep you informed of factors and developments affecting prices in the Europe Melamine marketplace.
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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 from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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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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