In early 2022, the melamine market sentiment has improved and the problem of overcapacity has been alleviated.

Melamine, also known as melamine and protein, is a triazine nitrogen-containing heterocyclic organic compound. It is a white monoclinic crystal under normal conditions. Melamine is odorless, slightly soluble in water, soluble in methanol, formaldehyde, acetic acid, glycerin, pyridine, etc., but insoluble in acetone and ethers. Since melamine is harmful to the human body, my country and the World Health Organization have clearly stipulated that melamine cannot be used in food processing. or food additives. However, as a basic organic chemical intermediate, melamine can be used to produce plastics, coatings, adhesives, flame retardants, water reducing agents and other products, and its uses are very wide.

According to the “2022-2026 Melamine Market Development Prospect Analysis and Supply and Demand Pattern Research Forecast Report released by the Industrial Research Center, in recent years , my country’s melamine production capacity has always been in a state of overcapacity. In 2021, the output of the domestic melamine industry will reach about 1.42 million tons, an increase of about 250,000 tons from 2020, and the demand is less than 1 million tons. While my country’s melamine production capacity meets domestic market demand, it is also exported to overseas markets.

In 2021, my country’s melamine market will fluctuate greatly. Affected by factors such as export-driven, local insufficient supply, domestic demand and other factors, from January to December 2021, the operating rate of melamine companies increased from 58% to about 80%. Entering 2022, due to the shutdown of equipment for maintenance, the operating rate of enterprises has declined, and the supply of melamine market has tightened. At the same time, due to the steady operation of the raw material urea market, the focus of the melamine market has been upward, and the price has risen steadily. As of the end of January 2022, the melamine market price is approximately It was 11,000 yuan/ton, an increase of about 1.7%.

In recent years, in order to solve the problem of overcapacity of melamine, companies have invested heavily in research and development of downstream products while seeking overseas markets. At this stage, my country has developed products such as melamine fiber, melamine foam, and melamine flame-retardant rigid foam. , with the expansion of downstream areas, there is still a lot of room for improvement in the melamine market in the future.

my country is a major urea producer in the world and has sufficient supply of melamine raw materials. At this stage, my country’s melamine production companies include Panjin Zhongrun Chemical, Guangxi Sichuanhua Tianhe, Shanxi Fenghe, Tianjin Kaiwei Chemical, Qingdao Tianyuan Chemical, etc. The market competition is relatively fierce. In recent years, against the background of intensified market competition and increasingly strict environmental protection requirements, backward production capacity has gradually withdrawn from the market, and the overcapacity of melamine has been alleviated.
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Industry analysts said that as a chemical raw material, melamine has a wide range of applications, and downstream applications are still expanding. In early 2022, due to domestic demand, Driven by exports, the prosperity of my country’s melamine industry has improved, and market prices have increased significantly. my country is a major urea producer and has sufficient supply of melamine raw materials, which is good for the expansion of the melamine industry. However, because my country’s melamine market is still in a state of overcapacity, new production capacity in the melamine industry will be limited in the future.