Melamine (Standard) Weekly Report 10 Aug 2018

Weekly Price Trend: 06-08-2018 to 10-08-2018

• 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 decreased this week and at the end of the week were assessed at the level of Rs. 118/Kg for Ahmedabad and Rs. 116/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. 117/Kg for Ahmedabad and Rs. 115/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL

• This week in domestic market prices of Melamine standard have plunged and commercial quality prices remained firm and at the end of this week price were assessed at the level of Rs. 118/Kg for Ahmedabad and Rs.116/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 prices have remained firm while commercial prices have plunged in compare to previous week.
• China melamine export prices plunge by $20/tonne on new capacities.
• Japan’s June melamine exports decrease 2.46% on month.
• China's latest tit-for-tat tariff ranging 5-25% on 5,207 US products include hundreds of chemicals attracting the highest duty.
• Presently Melamine market is moving with soft velocity on accoi8nt of this no major deal and discussion has been heard and prices have remained soft-to-stable.

 $1 = Rs. 68.87
 Import Custom Ex. Rate USD/ INR: 69.25
 Export Custom Ex. Rate USD/ INR: 67.55.