Melamine (Commercial) Weekly Report 08 Sep 2018

Weekly Price Trend: 03-09-2018 to 07-09-2018

• 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 increased this week and at the end of the week were assessed at the level of Rs. 121/Kg for Ahmedabad and Rs. 120/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 increased in compare to previous week and at the end of the week were assessed at the level of Rs. 120/Kg for Ahmedabad and Rs. 119/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL     1220

• This week in domestic market prices of Melamine standard and commercial quality prices have increased and at the end of this week price were assessed at the level of Rs. 121/Kg for Ahmedabad and Rs.120/kg for Mumbai ports and commercial quality were evaluated at Rs. 120/kg for Ahmedabad and Rs.119/kg for Mumbai.
• This week International Melamine standard and Commercial prices have remained firm in compare to previous week.
• Japan’s July exports of melamine fell month on month.
• As per report, talks for US Q4 melamine supplies to begin next week.
• This week Melamine market is moving with soft-to-firm velocity no major deals and discussion has been heard.
• Recently domestic Melamine prices have increased sharply due to low inventory availability and good demand sentiments.

 $1 = Rs. 71.73
 Import Custom Ex. Rate USD/ INR: 71.10
 Export Custom Ex. Rate USD/ INR: 69.40