Melamine (Commercial) Weekly Report 28 July 2018

Weekly Price Trend: 23-07-2018 to 27-07-2018

• 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 fluctuated little 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 increased in compare to previous week 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.

Booking Scenario

INDIA & INTERNATIONAL

• This week in domestic market prices of Melamine standard and commercial quality prices have increased 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. 116/kg for Ahmedabad and Rs.114/kg for Mumbai.
• This week International Melamine standard and commercial prices have remained firm in compare to previous week.
• This week melamine prices have remained firm in International market on account of weak buying sentiments.
• In European market demand has started to soften as market players step away for the holiday period.
• In China market melamine export prices stable despite yuan fall.
• As per report, China’s Xinji Jiuyuan extends melamine plant turnaround.
• Total imported quantity of Melamine for the month of June, 2018 was around 5046MT.

 $1 = Rs. 68.65
 Import Custom Ex. Rate USD/ INR: 69.60
 Export Custom Ex. Rate USD/ INR: 67.90