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Melamine is an organic base and a trimer of cynanamide with a 1,3,5- triazine skeleton. . Like cyanamide, it contains 66%nitrogen by mass and, if mixed with resins, has fire retardant properties due to its release of nitrogen gas when burned or charred, and has several other industrial uses. It is used to manufacture dinnerware, melamine resin, laminate flooring, fabrics, flame retardants etc.
Melamine is now produced using urea. First, urea decomposes into cyanic acid and ammonia in an endothermic reaction. Then, cyanic acid polymerizes to form cyanuric acid that condenses with ammonia forming melamine thereby releasing water which then reacts with cyanic acid present producing carbon dioxide and ammonia.
This reaction can be achieved either through catalyzed gas-phase production or high-pressure liquid-phase production.
Ø Combined with formaldehyde to manufacture melamine resin.
Ø Used to manufacture dinnerware and housewares.
Ø Used to manufacture melamine polysulphonate.
Ø Used as fire-retardant additives in paints, plastics and paper.
Ø Used in automotive and textile industry.
Ø Used to manufacture electronic goods.
Melamine prices remained stable-to-firm during quarter 2 on account of material availability and dreary stipulation from end users. Melamine prices fluctuations mostly depends on china market supply - demand volatility. Recently CIF India melamine (China) prices were evaluated in the range of USD 1060-1080/MT and Melamine (IRAN) prices were assessed in the range of USD 1290-1310/MT.
As per recent report, European Commission issued a notice that the origin of China's Melamine to make anti-dumping sunset final ruling. The European industry has decided to continue to maintain the anti-dumping measures against the products involved. The investigation period is April 1, 2015 to March 31, 2016, the damage investigation period for the January 1, 2012 to the end of the investigation period.
For upcoming market outlook market players are predicting that melamine demand will take an affirmative swiftness from end users Moreover, on account of some seasonal plant maintenance supply will be stiff which will amplify the price of chemicals.