Melamine (Commercial) Weekly Report 16 june 2018

Weekly Price Trend: 11-06-2018 to 15-06-2018

• 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 remained firm this week and at the end of the week were assessed at the level of Rs. 116/Kg for Ahmedabad and Rs. 114/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. 115/Kg for Ahmedabad and Rs. 113/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. 116/Kg for Ahmedabad and Rs.114/kg for Mumbai ports and commercial quality were evaluated at Rs. 115/kg for Ahmedabad and Rs.113/kg for Mumbai.
• This week International Melamine standard and commercial prices have remained firm in compare to previous week.
• As per report, Europe melamine Q3 prices will be higher.
• India’s March melamine imports escalate more than two folds over February.
• Melamine demand is probable to remain stable in near term.
• In India, melamine imports requirements may also fall once a new 40,000 tonne/year plant is completed and started up, said by report.

 $1 = Rs. 68.01
 Import Custom Ex. Rate USD/ INR: 67.85

 Export Custom Ex. Rate USD/ INR: 66.15