Melamine (Commercial) Weekly Report 28 Jan 2017

Weekly Price Trend: 23-01-2017 to 27-01-2017

• 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 but in compare to previous week prices have increased at Mumbai and Ahmedabad ports 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 firm but in compare to previous week prices have increased at Mumbai and Ahmedabad ports and at the end of the week were assessed at the level of Rs. 113/Kg for Ahmedabad and Rs. 111/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. 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,
• Iran melamine market is moving with soft-to-firm velocity recently.
• Presently melamine market is moving with stable rate of knot no major deals and discussion has been heard.
• This week in China market no trading activity has taken place as on account of Lunar New Year market will remain close till 4th Feb.
• As per report, plywood industry is growing gradually in Indian market which will escalate the demand for melamine also.

$1 = Rs. 68.04
Import Custom Ex. Rate USD/ INR: 69.10
Export Custom Ex. Rate USD/ INR: 67.40