Melamine Prices, News, Market Analysis | ChemAnalyst - PowerPoint PPT Presentation

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Melamine Prices, News, Market Analysis | ChemAnalyst

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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. – PowerPoint PPT presentation

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Title: Melamine Prices, News, Market Analysis | ChemAnalyst


1
Melamine Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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
2
Melamine Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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.
3
Melamine Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
  • 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.

4
Melamine Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
  • 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
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