January 5th News: On January 5th, Hualu Hengsheng's ex-factory quotation for melamine was 5,300 yuan/ton, a decrease of 50 yuan/ton compared to the previous quotation day. Chempricehub's analysis of melamine indicates a long-short rating of -1. Hualu Hengsheng's ex-factory quotation for melamine dropped by 50 yuan/ton to 5,300 yuan/ton, indicating that the company proactively lowered prices, reflecting ample supply or weak demand in the spot market. This may lead to increased wait-and-see sentiment among downstream purchasers, exerting downward pressure on the spot price of melamine, which is considered a general bearish influence. The rating of -1 is based on a price decline of approximately 0.94%, which, while not significant, is notable and warrants attention to subsequent changes in supply and demand.