Melamine (Standard) Weekly Report 02 Dec 2017

Weekly Price Trend: 27-11-2017 to 01-12-2017

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 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 remained firm 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 remained firm 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.
• China melamine exports increase by 6.9% month on month to 23,179 tonnes in October.
• US Q1 melamine prices facing upward pressure.
• Japan's Mitsui Chemicals to restart melamine unit on 30 Nov.
• As per marekt report, there is the anticipation that European and Japanese melamine prices to the US will increase in the first quarter as production is tight.

 $1 = Rs. 64.46
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50