April 2nd news: On April 2nd, the ex-factory price of melamine from Hebei Xinji Jiuyuan was reported at 10,700 yuan/ton, an increase of 500 yuan/ton compared to the previous working day, with negotiable transactions. Chempricehub's analysis of melamine shows a long-short score of 1.5. The article reports that the ex-factory price of melamine has risen by 500 yuan/ton to 10,700 yuan/ton, a significant increase, indicating increased spot market demand or tightening supply, which is favorable for spot prices. This increase reflects bullish market sentiment, likely driven by downstream procurement, supporting short-term price increases.
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