Melamine (Standard) Weekly Report 17 June 2017

Weekly Price Trend: 12-06-2017 to 16-06-2017
 

          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. 95/Kg for Ahmedabad and Rs. 93/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. 95/kg for Ahmedabad and Rs.93/kg for Mumbai.
• This week International Melamine standard prices have remained firm while commercial quality prices have increased.
• Domestic melamine market is moving with soft-to-firm velocity no healthy discussion has been heard for trade.
• In China, melamine market is moving with little up velocity.
• In Iran, market is moving with sluggish pace no major deals and dissuasion has been heard, while material is available in ample quantity.
• European producer Borealis has begun a planned maintenance turnaround of its melamine plant at Linz, Austria.
• As per report, China’s Shandong Liaherd to shut its melamine plant in H2 June.
• Some market players ahev said that European melamine players have started to look towards third-quarter contract.

$1 = Rs. 64.42
Import Custom Ex. Rate USD/ INR: 65.15
Export Custom Ex. Rate USD/ INR: 63.50