Melamine (Standard) Weekly Report 04 August 2018

Weekly Price Trend: 30-07-2018 to 03-08-2018

• 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 increased this week and at the end of the week were assessed at the level of Rs. 119/Kg for Ahmedabad and Rs. 117/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 increased in compare to previous week and at the end of the week were assessed at the level of Rs. 117/Kg for Ahmedabad and Rs. 115/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL

• This week in domestic market prices of Melamine standard and commercial quality prices have increased and at the end of this week price were assessed at the level of Rs. 119/Kg for Ahmedabad and Rs.117/kg for Mumbai ports and commercial quality were evaluated at Rs. 117/kg for Ahmedabad and Rs.115/kg for Mumbai.
• This week International Melamine standard and commercial prices have remained firm in compare to previous week.
• This week melamine market is moving with soft velocity on account of this prices have remained firm.
• As per report, in domestic market melamine prices have escalated as GNFC is planning for plant shut which will add on demand in market, said by source.
• As per report, China’s melamine export prices plunged due to the start-ups of new plants.
• Japan’s June melamine exports fall 2.46% on month.
• Europe melamine demand deflates as seasonal lull.

 $1 = Rs. 68.60
Import Custom Ex. Rate USD/ INR: 69.25
Export Custom Ex. Rate USD/ INR: 67.55