PODCAST: Global melamine market cost pressure; US and Europe Q1 price surge
Melissa Hurley
26-Jan-2021
LONDON (ICIS)–Global melamine markets are being affected by logistical issues, increased production costs and rising contract prices in Q1 2021.
- European melamine prices see triple-digit Q1 contract rises
- US melamine prices experience one of the highest increases in the past decade due to tight supply and shipping costs.
- Asia melamine suppliers grapple with the unexpectedly swift rally in urea prices and lower production rates due to natural gas cuts in China
- Surging international ammonia prices; strong import demand from China
Interview with Richard Ewing, ammonia editor, Deepika Thapliyal, urea editor, Deniz Koray and senior editor manager, Joson Ng.
Click here to listen in a new window.
Visit the ICIS Coronavirus topic page for analysis of the impact on fertilizer markets and links to latest news.
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