Melamine (Commercial) Weekly Report 10 Feb 2018

Weekly Price Trend: 05-02-2018 to 09-02-2018

          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 volatile and at the end of the week were assessed at the level of Rs. 116/Kg for Ahmedabad and Rs. 114/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 volatile in compare to previous week and at the end of the week were assessed at the level of Rs. 115/Kg for Ahmedabad and Rs. 113/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL

• This week in domestic market prices of Melamine standard and commercial quality have volatile and at the end of this week price were assessed at the level of Rs. 116/Kg for Ahmedabad and Rs.114/kg for Mumbai ports and commercial quality were evaluated at Rs. 115/kg for Ahmedabad and Rs.113/kg for Mumbai.
• This week International Melamine standard and commercial prices have remained firm in compare to previous week.
• As per report, US melamine buyers and offshore supplies will begin negotiations for second-quarter supply contracts in early March.
• China melamine prices soften but sentiment firmer for other Asian-origin material.
• Europe melamine demand optimistic on strong economy overseas limitation.
• Total imported quantity of Melamine in 2017 was around 58524MT. In the month of November imports was lower, while in April imports was higher.

 $1 = Rs. 64.40
 Import Custom Ex. Rate USD/ INR: 64.50
 Export Custom Ex. Rate USD/ INR: 62.85