Melamine (Commercial) Weekly Report 25 Nov 2017

Weekly Price Trend: 20-11-2017 to 24-11-2017

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 increased 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 increased 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 increased 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.
• On account of bullish demand sentiments from end users this week melamine prices have improved.
• This week melamine market has remained firm no major deals and discussion has been heard.
• The European melamine market is starting to prepare for first-quarter contract with supply currently cozy, as per report.
• EU melamine imports, exports up in September.
• Supply in the European melamine market remains snug after a number of planned stoppages last quarter and solid demands.
• Total imported quantity of Melamine for the month of October was around 2943mt.

 $1 = Rs. 64.70
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50