On January 30, Helitai Technology (formerly Shandong United) quoted the ex-factory price of melamine at 5,300 yuan/ton, a decrease of 150 yuan/ton compared to the previous quotation date. The plant has a production capacity of 70,000 tons. PriceSeek's analysis of melamine indicates a bearish score of -1. The reduction of 150 yuan/ton in the ex-factory price of melamine by Helitai Technology to 5,300 yuan/ton suggests potential oversupply or weak demand in the market, exerting downward pressure on spot prices. This price cut reflects intensified competition among producers or rising inventory pressure, which may suppress the overall price level in the spot market in the short term.