Melamine (Commercial) Weekly Report 19 Aug 2017

Weekly Price Trend: 14-08-2017 to 18-08-2017

          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 prices have remained firm while commercial prices have plunged
• As per report, EU melamine imports downward, exports increase in June.
• Chinese melamine export prices plunged on weak buying sentiments from end users.
• As per market information Europe melamine demand healthy with little summer slowdown.
• US Q4 talks for offshore melamine to begin this month.
• Presently melamine market is moving with soft to firm velocity no major deals and discussion has been heard.

$1 = Rs. 64.14
Import Custom Ex. Rate USD/ INR: 65.15
Export Custom Ex. Rate USD/ INR: 63.45