Melamine production costs see a rainbow after the storm
the risk of overcapacity can still not be underestimated
the picture shows the development of melamine and downstream industries in China in 2013, which is easier to be used in the summit site
"Although domestic melamine overcapacity still exists, driven by multiple factors such as the low price of raw material urea, the expansion of exports, and the recovery of downstream demand, melamine came out of the shadow of losses in the first half of the year and is expected to remain positive in the second half of the year." Last year, the melamine industry suffered a large loss. For this year's market, Liu Weiwei, project manager of Sinochem summit consulting services (Beijing) Co., Ltd., made this analysis at the 2013 China melamine and downstream industry development promotion summit, which ended in Xi'an on August 6
as the world's largest country in melamine production capacity, output, export volume and consumption, China's melamine production capacity in 2012 with a view to using nanoparticles to enhance the performance of modified plastics has reached 1.6 million tons by the end of the year, while the apparent consumption is only more than 600000 tons, and the unit operating rate is less than 50%. In the first half of this year, although the price of melamine fell to about 8000 yuan (ton price, the same below), the profitability of production enterprises rose instead of falling, in sharp contrast to the sharp losses in 2012
according to Liu Weiwei's analysis, the increase in profitability is due to the sharp decline in the price of raw material urea. For example, in June this year, the average price of urea was 1700 ~ 1800 yuan, a year-on-year decrease of 500 ~ 700 yuan, and the cost of melamine per ton decreased by 2200 yuan; Second, the export situation has improved. In the first half of this year, the export of melamine was 105000 tons, an increase of 95% year-on-year, close to the annual export volume in 2012, and the excess capacity was digested through the international market; Third, the real estate market picked up slightly in the first half of the year. From January to June, the national real estate development and sales maintained a high-speed growth. The construction area of houses and the area of new construction increased by 15.5% and 3.8% year-on-year respectively. The sales area and sales volume of commercial houses increased by 28.7% and 43.2% year-on-year respectively. The demand for melamine was supported by the plates, adhesives and other markets
considering various influencing factors, the price of melamine will remain strong in the second half of the year, and the life of enterprises will still be better
traditional downstream market demand will continue to pick up. In the next few years, the growth rate of melamine consumption in China will still be higher than that in other countries and regions. It is expected that the average annual growth rate will be 8% by 2015. The main field of melamine consumption is plate, accounting for 50% of the total consumption. The tear test with electronic universal testing machine is to calculate the tear strength value. First, China's real estate industry will continue to develop rapidly in the second half of the year, supporting the growth of melamine demand
export volume is expected to expand steadily. "China's major melamine export regions are Malaysia, Thailand, India, South Korea and other Asian countries. The economy of these countries is expected to maintain steady growth this year, creating a good environment for melamine exports." Liu Weiwei said that Chinese melamine manufacturers are accelerating the development of international markets, adjusting marketing strategies and expanding exports. However, she reminded that the needs of different regions have different characteristics. For example, Asian regions value price, while European and American countries pay more attention to product quality. We should avoid blindly competing at low prices and encountering anti-dumping. Gao Jinping, the chief representative of Hebei Office of international furan Chemical Co., Ltd., also stressed that China's melamine export cannot fight a price war, which will lead to a dead end
the urea market may continue to be weak. Zhou Heping, a senior economist of Hubei Yihua group, believes that the second half of the year was originally the off-season of urea demand, and the demand pressure was large. Coupled with many factors such as low international urea prices, falling raw material prices and high enterprise operating rates this year, it is expected that the urea market in the second half of the year is not optimistic
the picture shows the meeting delegates discussing topics of interest
at the meeting, they learned that some enterprises continue to build new melamine projects because they have tasted the profit benefits brought by melamine and are optimistic about the future market. For example, the 100000 ton/year melamine project of Shandong Linyi Hengchang Chemical Technology Co., Ltd. is scheduled to start in October; Shandong Jinmei Mingshui Chemical Group Co., Ltd. is discussing and demonstrating the 100000 t/a melamine project. Some enterprises have increased technological innovation and actively developed downstream products. For example, the low substitution hydroxyethoxyethyl melamine developed by Sichuan Jinsheng Sairui Chemical Co., Ltd. has met the conditions for industrial production; Triamine foam, the world's lightest new foam plastic material developed by Zhongyuan Dahua Company of Henan coal chemical group, has been applied in national key projects; The school of materials science and engineering of Northeast Forestry University also launched a new product of melamine urea co condensation resin adhesive
however, the impact strength and flexural strength of pvc/wood flour composites increased first and then decreased. Some experts and enterprise representatives at the meeting believed that in the long run, the risks and difficulties faced by melamine should not be underestimated. In particular, the serious overcapacity of melamine is difficult to improve. "At present, the expansion of melamine production is still in an endless stream. It is expected that at least 300000 tons of new production capacity will be completed and released in 2013, and the production capacity is expected to exceed 2million tons by the end of the year, and the overcapacity will become more and more intense." Liu Weiwei told
with the substantial increase of production capacity, the operating rate of melamine may decline in the second half of this year, and the market competition will become more intense, and the production cost control will become more and more important
note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content
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