Indian Melamine prices
Melamine has continued to move lower in recent domestic trading, with Indian Melamine prices assessed at Rs 117.00/kg. The latest price is down Rs 3.00/kg from the previous week and below the Rs 120.00/kg level recorded three days earlier. Compared with last month, the product has declined by Rs 23.00/kg from Rs 140.00/kg, showing a broader downward adjustment.
The three-month trend also shows a fall, with Melamine down Rs 7.00/kg from Rs 124.00/kg. On a six-month basis, however, the product remains higher by Rs 47.00/kg from Rs 70.00/kg. This contrast indicates that the current market is weaker than recent monthly levels but still above earlier lows. The wider trading range included a high of Rs 158.00/kg and lower levels near Rs 70.00/kg. Melamine prices in India are currently stabilizing around the latest price, with support observed near Rs 115.00/kg and resistance near Rs 120.00/kg. Procurement teams can use these levels to review current buying references and recent market movement. Indian Melamine prices remain relevant for tracking weekly softness and medium-term recovery, Melamine, Chemical Prices, Market Weakness, Weekly Decline, Price Update, Petrochemicals.
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