Texas (USA): Melamine prices have been steadily increasing in the domestic market of the USA in February xxxx, generating considerable attention from both consumers and industry experts. Melamine is extensively used in laminates, decorative surfaces, and coatings for construction and building materials. This upward trend in Melamine prices in the USA market is primarily driven by increased demand from downstream industries such as furniture, laminate, and other end-use sectors, as well as high prices of feedstock urea.
In the US, Melamine prices have been buoyed by steady demand from the construction sector, driving active inquiries from downstream laminate manufacturers. Throughout February, elevated feedstock prices were sustained by strong demand from the downstream fertilizer market. Furthermore, China&#xx;s reduction in urea exports prompted international buyers to turn to the US market, further fueling demand. Limited material availability domestically led to increased consumer purchases, exacerbating the strain on supply. The...
