Melamine (Commercial) Weekly Report 08 July 2017

Weekly Price Trend: 03-07-2017 to 07-07-2017

          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 remained firm.
• Domestic melamine market is moving with soft-to-firm velocity no healthy discussion has been heard for trade.
• US Q3 melamine prices roll over from previous quarter.
• Q3 melamine contract for Europe talks to continue for next few days.
• As pre report, Ameropa start Romanian melamine turnaround.
• This week oil prices have followed volatile inclination. On Thursday oil prices closed on slightly up note  after a sharp but short-lived boost from a much bigger-than-expected decline in U.S. inventories of crude oil and gasoline.

$1 = Rs. 64.59
Import Custom Ex. Rate USD/ INR: 65.65
Export Custom Ex. Rate USD/ INR: 63.95