Melamine (Commercial) Weekly Report 12 Aug 2017

Weekly Price Trend: 07-08-2017 to 11-08-2017

          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. 99/Kg for Ahmedabad and Rs. 97/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. 99/kg for Ahmedabad and Rs.97/kg for Mumbai.
• This week International Melamine standard and commercial prices have remained firm.
• This week melamine market have remained firm as no major deals and discussion has been heard from end users.
• As per report, US June melamine exports down by 72% year on year basis.
• Market players have said that Europe melamine market cozy as turnarounds prolong.
• Europe melamine Q3 prices firm on regional supply tightness.

$1 = Rs. 64.13
Import Custom Ex. Rate USD/ INR: 64.55
Export Custom Ex. Rate USD/ INR: 62.85