Melamine (Standard) Weekly Report 23 Dec 2017

Weekly Price Trend: 18-12-2017 to 22-12-2017

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 and at the end of the week were assessed at the level of Rs. 108/Kg for Ahmedabad and Rs. 106/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. 107/Kg for Ahmedabad and Rs. 105/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL

• This week in domestic market prices of Melamine standard and commercial quality have remained firm and at the end of this week price were assessed at the level of Rs. 108/Kg for Ahmedabad and Rs.106/kg for Mumbai ports and commercial quality were evaluated at Rs. 107/kg for Ahmedabad and Rs.105/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 in Asia market as on upcoming festive holiday market will remain quiet.
• As per report, China’s melamine export prices surged further as the supply crunch continued in the market.
• Q1 melamine talks continue amid hike proposals for US.
• EU melamine imports, exports increase for the month of October.
• Total imported quantity for the month of November was around 2044MT.

 $1 = Rs. 64.04
 Import Custom Ex. Rate USD/ INR: 64.90
 Export Custom Ex. Rate USD/ INR: 63.20