DMF market prices remain stable mainly (5.12-5.16)

1、 Price trend

Melamine

According to data monitored by Shengyi Society, as of May 16th, the average price quoted by domestic high-quality DMF enterprises was 4220 yuan/ton, and the DMF market remained stable this week.
2、 Market analysis
On the demand side: downstream demand is poor, shipments are slow, prices are trending downward, and there is a focus on essential purchases. Inventory pressure still exists, and the overall market supply and demand are balanced, with insufficient motivation for price increases.
3、 Future forecast
DMF analysts from Shengyi Society believe that in the short term, DMF prices will continue to operate steadily, with stability being the main focus.

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