Episode 517: Global Melamine market cost pressure; US and Europe Q1 price surge
ICIS - chemical podcasts
English - January 25, 2021 00:00 - 11 minutes - 15.9 MBBusiness chemicals prices business polymer trade Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 509: Biden ushers in global era of low carbon for chemicals
European melamine editor Melissa Hurley is joined by Senior Editor Manager, Joson Ng and US Markets Reporter, Deniz Koray to discuss logistical issues, increased production costs and rising Q1 contract prices.
Richard Ewing, Deputy Managing Editor and Deepika Thapliyal, Senior Editor Manager discuss the drivers behind Ammonia and Urea spot price hikes.
- European melamine prices see triple-digit Q1 contract rises
- US melamine prices experience one of the highest increases in the past decade, according to ICIS data
- Asia melamine suppliers grapple with the unexpectedly swift rally in urea prices and lower production rates due to natural as cuts in China
- Surging international ammonia prices; strong import demand from China