Melamine (Commercial) Weekly Report 14 Oct 2017

Weekly Price Trend: 09-10-2017 to 13-10-2017

           
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. 101/Kg for Ahmedabad and Rs. 99/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. 101/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. 101/Kg for Ahmedabad and Rs.99/kg for Mumbai ports and commercial quality were evaluated at Rs. 100/kg for Ahmedabad and Rs.98/kg for Mumbai.
• This week International Melamine standard and commercial prices have remained firm in compare to previous week.
• China export melamine prices drop after holidays on weak buying sentiments.
• Recently market is moving with firm velocity.
• As per report, US Q4 melamine contracts settling higher.
• Europe melamine Q4 contract talks ongoing, wide targets discussed.
• In near term domestic market trading activity will remain slow on account of upcoming Diwali holiday.

 $1 = Rs. 64.93
 Import Custom Ex. Rate USD/ INR: 65.95
 Export Custom Ex. Rate USD/ INR: 64.30