Melamine (Commercial) Weekly Report 25 August 2018

Weekly Price Trend: 20-08-2018 to 24-08-2018

• 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. 118/Kg for Ahmedabad and Rs. 116/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. 117/Kg for Ahmedabad and Rs. 115/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL

• 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. 118/Kg for Ahmedabad and Rs.116/kg for Mumbai ports and commercial quality were evaluated at Rs. 117/kg for Ahmedabad and Rs.115/kg for Mumbai.
• This week International Melamine standard prices have remained firm while commercial prices have increased in compare to previous week.
• This week Melamine demand from China has been escalated while from Iran demand have remained soft-to stable.
• China’s Xinji Jiuyuan restarts melamine plant.
• South Korea’s July melamine imports plunged 6.87%.
• Total imported quantity of Melamine for the month of July was around 4387MT.

 $1 = Rs. 69.91
 Import Custom Ex. Rate USD/ INR: 71.10
 Export Custom Ex. Rate USD/ INR: 69.40