On December 17th, the factory price for melamine from Anhui Jinhe was quoted at 5650 yuan per ton. Compared to the previous quote day, there was a price increase of 50 yuan per ton, with a production capacity of 60,000 tons and an average daily output of approximately 180 tons. PriceSeek assessed the melamine, giving a bullish rating:
Anhui Jinhe's quoted factory price for melamine increased by 50 yuan per ton to 5650 yuan per ton, reflecting a tightening supply in the spot market or an increase in demand. With a production capacity of 60,000 tons and an average daily output of about 180 tons, the high capacity utilization rate further supports the expectation of price increases, which is beneficial for spot prices.
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