Melamine (Commercial) Weekly Report 20 May 2017

Weekly Price Trend: 15-05-2017 to 19-05-2017
 

          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. 104/Kg for Ahmedabad and Rs. 102/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. 97/Kg for Ahmedabad and Rs. 95/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. 104/Kg for Ahmedabad and Rs.102/kg for Mumbai ports and commercial quality were evaluated at Rs. 97/kg for Ahmedabad and Rs.95/kg for Mumbai.
• This week International Melamine standard and commercial quality prices also have remained firm.
• In China, melamine market is moving with soft-to-stable velocity.
• In Iran, melamine prices have remained firm as material intake from end users has been bearish.
• Europe melamine supply cozy on maintenance stops and solid demand.
• Total imported quantity for Melamine in the month of April, 2017 were around 14306mt.

$1 = Rs. 64.64
Import Custom Ex. Rate USD/ INR: 65.30
Export Custom Ex. Rate USD/ INR: 63.60