Melamine (Standard) Weekly Report 15 July 2017

Weekly Price Trend: 10-07-2017 to 14-07-2017
 

          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. 98/Kg for Ahmedabad and Rs. 96/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. 95/Kg for Ahmedabad and Rs. 93/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. 98/Kg for Ahmedabad and Rs.96/kg for Mumbai ports and commercial quality were evaluated at Rs. 95/kg for Ahmedabad and Rs.93/kg for Mumbai.
• This week International Melamine standard and commercial quality prices have increased.
• Europe continues anti dumping duty against imports of Melamine from China on account of this melamine prices have increased this week.
• European Commission issued a notice that the origin of China's Melamine to make anti-dumping sunset final ruling. The European industry has decided to continue to maintain the anti-dumping measures against the products involved. The investigation period is April 1, 2015 to March 31, 2016, the damage investigation period for the January 1, 2012 to the end of the investigation period.
• According to the final result: three Chinese enterprises limit the minimum import price of 1153 euros / ton, other Chinese enterprises anti-dumping duty of 415 euros / ton.February 17, 2010,
• The European Commission for originating in China's melamine for anti-dumping investigation.  The European Commission on the case initiated anti-dumping sunset review investigation.
• The farmer community has welcomed the Fertilizer Manufacturers decision to resume the sales of Urea after the government gave the assurance to issue subsidy notification within 10 days time period.

$1 = Rs. 64.45
Import Custom Ex. Rate USD/ INR: 65.65
Export Custom Ex. Rate USD/ INR: 63.95