Melamine (Commercial) Weekly Report 15 April 2017

Weekly Price Trend: 10-04-2017 to 14-04-2017

          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 plunged and at the end of the week were assessed at the level of Rs. 110/Kg for Ahmedabad and Rs. 108/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 plunged in compare to previous week and at the end of the week were assessed at the level of Rs. 109/Kg for Ahmedabad and Rs. 107/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL

• This week in domestic market prices of Melamine standard and commercial quality have plunged and at the end of this week price were assessed at the level of Rs. 110/Kg for Ahmedabad and Rs.109/kg for Mumbai ports and commercial quality were evaluated at Rs. 109kg for Ahmedabad and Rs.107/kg for Mumbai.
• This week domestic melamine prices have plunged. 
• This week International Melamine standard prices have decreased as no major deals and discussion has been heard market is moving with average velocity.
• In Iran market this week tender had opened in the prices range of 1405-1425/mt.
• Report said that US Q2 melamine contracts agreed at rollover prices.
• As per report, US Feb melamine exports down by 42% year on year.

$1 = Rs. 64.41
Import Custom Ex. Rate USD/ INR: 65.90
Export Custom Ex. Rate USD/ INR: 64.20