Melamine (Commercial) Weekly Report 18 March 2017

Weekly Price Trend: 13-03-2017 to 17-03-2017

          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. 127/Kg for Ahmedabad and Rs. 125/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. 126/Kg for Ahmedabad and Rs. 124/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. 127/Kg for Ahmedabad and Rs.125/kg for Mumbai ports and commercial quality were evaluated at Rs. 126/kg for Ahmedabad and Rs.124/kg for Mumbai.
• This week International Melamine standard and commercial prices have remained firm.
• As per report, Qatar Melamine Company has restarted its melamine plant in Doha following hiccups after a planned maintenance.
• As per market report, on account of bearish demand sentiments China melamine prices have plunged.
• Presently demand for melamine has been bearish no major deals have been heard on account of this Melamine Standard prices have in Iran market.
• As per market analyst for upcoming market outlook recently market players have been uncertain and some market players have adopted wait and observe stances.

$1 = Rs. 65.46
Import Custom Ex. Rate USD/ INR: 66.20
Export Custom Ex. Rate USD/ INR: 64.50