DSM Melamine b.v. and its affiliated companies DSM Melamine Americas, Inc. and P.T. DSM Kaltim Melamine, today announce a global price increase for all of its grades of melamine sold, with immediate effect for spot or as contracts allow. 

The global price increase will be USD 300-400 per mt, respectively converted to the appropriate currency.

The ongoing very significant changes in global supply/demand dynamics of the melamine market, including its upstream markets, provide the primary foundation for this price increase. 

Without these pricing actions, the long term viability of DSM’s local and global business is once again put at risk due to currency values and increases in raw material costs. They are to reverse the trend of the past years, whereby the financial results of our global melamine business have been unsatisfactory.

In addition to the above, there is the distinct possibility that further pricing action will be necessary during Q3, all dependent upon a set of global circumstances that continue to materialize.

The Q3 DSM Melamine Industry Update, that DSM will publish on their website in calendar week 24, will provide insights and opinions relative to the above mentioned items and much more.

DSM Melamine, together with its joint venture companies P.T. DSM Kaltim Melamine and Shanxi Fenghe Melamine Co., Ltd. will remain dedicated to serving the growing melamine needs all over the world.