Melamine (Commercial) Weekly Report 16 Sep 2017

Weekly Price Trend: 11-09-2017 to 15-09-2017

           
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 increased by USD 80/mt and USD 20/mt respectively.
• China melamine export prices surge 20% in last 3 week on higher demand from end users.
• Europe melamine Q4 contract talks to start in coming weeks, as per report.
• As per report, Melamine prices have increased as demand sentiments have improved from end users and
• Some market players have been positive for upcoming demand outlook.

 $1 = Rs. 64.07
 Import Custom Ex. Rate USD/ INR: 64.90
 Export Custom Ex. Rate USD/ INR: 63.25