Melamine (Standard) Weekly Report 07 July 2018

Weekly Price Trend: 02-07-2018 to 06-07-2018

• 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 remained firm this 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. 

• 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. 116/Kg for Ahmedabad and Rs. 114/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. 117/Kg for Ahmedabad and Rs.115/kg for Mumbai ports and commercial quality were evaluated at Rs. 116/kg for Ahmedabad and Rs.114/kg for Mumbai.
• This week International Melamine standard and commercial prices have remained firm in compare to previous week.
• Melamine prices in China market will remain soft as demand sentiments has been bearish while supply is anticipated to go up in market in the next few months.
• Melamine Offers by producers have already been decreased to stimulate demand, but prospects of a near-term recovery are wiry.
• In the first week of July, China-origin melamine cargoes were sold around mid $1,100/tonne, on a FOB basis for July or early August lifting from China.

 $1 = Rs. 68.87
 Import Custom Ex. Rate USD/ INR: 69.70
 Export Custom Ex. Rate USD/ INR: 68.00