Melamine Alliance explores industry trends to expand industry influence

The melamine economics union, which was founded spontaneously by domestic melamine enterprises, recently held its fifth annual meeting in Urumqi, Xinjiang. Representatives of 14 domestic member companies attended the meeting. The meeting conducted studies on the market trend of melamine, the impact of the country's exemption of VAT on urea from the melamine industry and its countermeasures, and the establishment of an export price management system.
The meeting confirmed that in order to coordinate export prices, the federation will establish a method for managing export information. At the same time as soon as possible the establishment of melamine industry associations to expand the industry's influence.
In the face of the country’s overall euthanasia from the urea value-added tax policy from July 1 onwards, the overall efficiency of the melamine industry was reduced and business operations were difficult. The meeting proposed that, on the one hand, companies should improve their skills, reduce costs and increase efficiency, and enhance their competitiveness. It called on the relevant state departments to formulate preferential policies to control infrastructure investment and avoid blindly duplicated construction so that the melamine industry will enter a steady development track. The meeting also agreed on the melamine market export and the domestic minimum guidance price in the second half of the year.

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