Melamine (Standard) Weekly Report 03 Feb 2018

Weekly Price Trend: 29-01-2018 to 02-02-2018

          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 and at the end of the week were assessed at the level of Rs. 112/Kg for Ahmedabad and Rs. 111/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. 111/Kg for Ahmedabad and Rs. 110/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. 112/Kg for Ahmedabad and Rs.111/kg for Mumbai ports and commercial quality were evaluated at Rs. 111/kg for Ahmedabad and Rs.110/kg for Mumbai.
• This week International Melamine standard and commercial prices have remained firm in compare to previous week.
• Borealis melamine Linz plant to start stoppage mid-April.
• China’s melamine export offers slipping under thin demand.
• China’s Dec melamine exports jump 20% from Nov.
• Presently melamine market is moving with firmer velocity no major deals and discussion has been heard.
• In China on account of upcoming Lunar year holiday market is moving with firm velocity.

$1 = Rs. 64.06
 Import Custom Ex. Rate USD/ INR: 64.50
 Export Custom Ex. Rate USD/ INR: 62.85