Melamine (Commercial) Weekly Report 10 June 2017

Weekly Price Trend: 05-06-2017 to 09s-06-2017

          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. 100/Kg for Ahmedabad and Rs. 98/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. 100/Kg for Ahmedabad and Rs.98/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 plunged.
• In China, melamine market is moving with soft-to-weak velocity.
• In Iran market is moving with sluggish pace no major deals and dissuasion has been heard, while material is available in ample quantity.
• As per report, US April melamine imports increased by 9.1% in compare to previous year.
• US Q3 melamine contract expectations still unclear as talks underway.
• ZAP Pulawy restarts one line of Melamine I facility after turnaround

$1 = Rs. 64.24
Import Custom Ex. Rate USD/ INR: 65.35
Export Custom Ex. Rate USD/ INR: 63.70