January 5th News: On January 5th, the ex-factory quotation for melamine from Sichuan Meifeng was 5,350 yuan/ton, a decrease of 50 yuan/ton compared to the previous quotation date. The plant has a capacity of 50,000 tons and is currently shut down. Chempricehub analysis of melamine: Bull-bear score: -1. The ex-factory quotation for melamine from Sichuan Meifeng decreased by 50 yuan/ton to 5,350 yuan/ton. Although the plant shutdown reduces supply, the price drop directly reflects weak market demand or inventory pressure, exerting a moderate bearish pressure on spot prices in the short term.