April 16th News: On April 16th, Helitai Technology (formerly Shandong Lianhe) quoted the ex-factory price of melamine at 8,200 yuan per ton, a decrease of 1,800 yuan per ton compared to the previous quoted price. The plant has a production capacity of 70,000 tons. Chempricehub's analysis of melamine indicates a bearish score of -2. Helitai Technology's ex-factory price for melamine has been significantly reduced by 1,800 yuan per ton to 8,200 yuan per ton, a decrease of approximately 18%. This suggests an oversupply in the market or weak demand, posing a significant bearish impact on spot prices. The price adjustment by this plant, with its 70,000-ton capacity, may intensify supply pressure in the market, leading to further downward risks for spot prices in the short term. Investors should be cautious of the chain reaction caused by increasing inventories and insufficient demand.