Title: Melamine Prices, News, Market Analysis | ChemAnalyst
1Melamine Prices Overview
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Market Overview Quarterly Update on Global
Melamine Market Asia Melamine market in
Southeast Asia remained dull during the quarter
ending September, weighed by the sluggish demand
from downstream industries against ample
production in China. As China was observed
exporting ample cargoes to the neighboring
countries, India announced an anti-dumping probe
on Melamine imports under the plea by its
domestic manufacturers. Q3 of 2020. Melamine was
assessed around USD 939 per MT CFR Mundra. Get
more info https//www.chemanalyst.com/Pricing-da
ta/melamine-82
2Melamine Prices Overview
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Furthermore, mounting inventories of feedstock
Urea in India, also lent a downward pressure on
its prices. Since the overall demand remained
uncertain, buyers were seen adopting a wait and
see approach depending upon the spot demand.
Owing to the sluggish offtakes of the product,
its prices in India traced a downward trajectory
in North America With several plant shutdowns
heard in the Gulf Coast region, following the
spates of seasonal Hurricanes, supply of Melamine
in North America remained dull throughout the
quarter. Likewise, Cornerstone Chemicals, a
leading producer of Melamine in the U.S. was seen
implementing production turnaround at few of its
units in Louisiana as a precautionary measure.
However, operations at downstream companies were
not severely hindered by the supply shortage as
most of them had enough inventories to cater to
the spot demand. As per regional traders,
Melamine is likely to rebound by the next quarter
as the market will be operating at full swing to
replenish the sputtering economy. Europe The
European Melamine market remained oversupplied as
various Asian countries were seen dumping their
cargoes in the region in order to widen export
revenues in times of weak domestic demand.
Although the demand fundamentals of Melamine
remained plagued by the uncertainties caused by
Coronavirus, several manufacturers reported a
marginal revival in demand compared to the
previous quarter. Demand from the construction
sector also improved with increase in number of
do-it-yourself (DIY) home renovation projects.
3Melamine Prices Overview
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- How we can help
- ChemAnalyst addresses the key problematic areas
and risks associated with chemical and
petrochemical business globally and enables the
decision-maker to make smart choices. It
identifies and analyses factors such as
geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of
ChemAnalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion-dollar
projects globally. - Methodology
- ChemAnalyst gathers information through primary
research surveys conducted with various Melamine
manufacturers, spread across the domestic and
international market, suppliers and
dealers/distributors to gain insights
into value-chains and demand-supply scenario to
assess the market situation. Thorough study of
companys annual reports and secondary sources
such as exhaustive search on credible paid
databases, including our internal database is
done to verify the information. All the collected
information is analyzed, evaluated and presented
in chronological order to depict a meaningful and
clear picture of the concerned market. -
- Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Melamine market. The team
analyzes various industrial segments, strategic
viewpoints and provides an analysis of the
industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility. -
- Critical examination of the impact of COVID-19
pandemic on the global supply chains and shift in
demand patterns with change in buying behavior of
consumers across the globe.
4Melamine Prices Overview
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- Several ongoing development projects across
industries are tracked, followed by the details
of major projects in the development stage, which
can positively or negatively influence Global
Melamine market. -
- Pricing is captured through exhaustive primary
interviews with domestic and international
manufacturers, traders and importers and
customers on monthly and yearly basis. -
- Finally, region-specific markets for Melamine are
analyzed and region-wise demand pattern is
tracked. - About
- Melamine is a nitrogen-rich, organic compound
mainly utilized for manufacturing durable
thermosetting resins. These resins are formed by
combining original Melamine with Formaldehyde.
Since these resins are known to possess
extraordinary moulding properties, these are
profoundly used to manufacture protective
coatings, laminates, dinnerware, fabrics,
furniture and several parts in automotive.
Furthermore, some part of the primal Melamine is
also consumed in its crystalline form for
moisture-resistant or flame-retardant
applications. Melamine is commonly manufactured
from Urea by either a high or low-pressure route.
Low-pressure process is generally carried out in
vapor phase while high pressure process is
carried out in the liquid-phase. Alumina catalyst
is required in the low-pressure route to
initially convert Urea to isocyanic acid followed
by the formation of cyanamide to melamine.
Whereas the high-pressure route proceeds without
the catalyst, wherein, Urea is directly converted
to Cyanuric acid which is then subjected to a
reaction with Ammonia for producing Melamine.
Low-pressure process is generally carried out in
vapor-phase while high pressure process is
carried out in liquid phase. Although both the
routes claim to yield Melamine up to 99.8,
high-pressure route is primarily preferred by the
manufacturers owing to the lower capital
investment involved. - About