Melamine prices in China market will remain soft as demand sentiments has been bearish while supply is anticipated to go up in market in the next few months.
Melamine Offers by producers have already been decreased to stimulate demand, but prospects of a near-term recovery are wiry.
In the first week of July, China-origin melamine cargoes were sold around mid $1,100/tonne, on a FOB (free-on-board) basis for July or early August lifting from China.
