February 24th News: On February 24th, the ex-factory price of melamine from Henan Jinkong Tianqing was quoted at 5,550 yuan/ton, an increase of 50 yuan/ton compared to the previous quotation date. Chempricehub's analysis of melamine indicates a bullish-bearish score of 1. The ex-factory price of melamine rose by 50 yuan/ton to 5,550 yuan/ton, suggesting a tightening supply-demand balance in the market and stronger support from the demand side. This increase directly benefits spot prices, reflecting either an improvement in downstream purchasing enthusiasm or short-term supply constraints. Although the rise of approximately 0.9% is not considered significant, the clear upward trend generally exerts a positive impact on the spot market.