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Melamine (Commercial) Weekly Report 15 Sep 2018

Weekly Price Trend: 10-09-2018 to 14-09-2018

  • The above given graph focuses on the Melamine Standard price trend for the current week.
  • If we take a quick look at the above given weekly prices then it can be observed that the prices of Melamine (Standard) have remained firm this week and at the end of the week were assessed at the level of Rs. 121/Kg for Ahmedabad and Rs. 120/Kg for Mumbai port. 

 

  • The above given graph focuses on the Melamine Commercial price trend for the current week.
  • If we take a quick look at the above given weekly prices then it can be observed that the prices of Melamine (Commercial) have remained firm in compare to previous week and at the end of the week were assessed at the level of Rs. 120/Kg for Ahmedabad and Rs. 119/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL     1220

  • This week in domestic market prices of Melamine standard and commercial quality prices have remained firm and at the end of this week price were assessed at the level of Rs. 121/Kg for Ahmedabad and Rs.120/kg for Mumbai ports and commercial quality were evaluated at Rs. 120/kg for Ahmedabad and Rs.119/kg for Mumbai.
  • This week International Melamine standard and Commercial prices have remained firm in compare to previous week.
  • This week Melamine prices have remained firm as market is moving eith firm velocity no major deals has been heard from end users.
  • As per report, European melamine fourth-quarter contract talks are in the early stages, with mixed expectations so far amid plentiful supply.
  • Asia melamine prices rebound on rising China domestic prices.
  • China’s Xinji Jiuyuan runs new melamine plant at 60%.

 

 $1 = Rs. 71.84
 Import Custom Ex. Rate USD/ INR: 72.55
 Export Custom Ex. Rate USD/ INR: 70.85