Melamine (Commercial) Weekly Report 24 Feb 2018

Weekly Price Trend: 19-02-2018 to 23-02-2018

          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 increased and at the end of the week were assessed at the level of Rs. 122/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 increased in compare to previous week and at the end of the week were assessed at the level of Rs. 121/Kg for Ahmedabad and Rs. 119/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL

• This week in domestic market prices of Melamine standard and commercial quality have increased and at the end of this week price were assessed at the level of Rs. 122Kg for Ahmedabad and Rs.119/kg for Mumbai ports and commercial quality were evaluated at Rs. 121/kg for Ahmedabad and Rs.119/kg for Mumbai.
• This week International Melamine standard prices have remained firm in compare to previous week, while commercial quality prices have remained firm.
• Presently melamine market is moving with firm velocity in China on Lunar new year holiday in near term it is anticipated that prices will go up as after holiday market will come into business mode.
• As per report, ZAP Pulawy plans for melamine turnaround on MII starting mid June.
• Total imported quantity of Melamine for the month of January, 2018 was around 3512MT.

 $1 = Rs. 64.73
 Import Custom Ex. Rate USD/ INR: 64.50
 Export Custom Ex. Rate USD/ INR: 62.85