May 22 News – On May 22, Sichuan Yulong's ex-factory price for melamine was reported at 6,000 CNY/ton, a decrease of 200 CNY/ton from the previous quotation day. The plant has a production capacity of 50,000 tons. Chempricehub assesses melamine with a bull-bear score of -1. On May 22, Sichuan Yulong's ex-factory price for melamine stood at 6,000 CNY/ton, down 200 CNY/ton from the prior quotation day, with a plant capacity of 50,000 tons. The downward adjustment in the ex-factory quotation reflects a relatively loose supply-demand balance in the current melamine spot market, exerting a generally bearish impact on melamine spot prices.
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