Melamine (Standard) Weekly Report 31 March 2017

Weekly Price Trend: 27-03-2017 to 31-03-2017

          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. 112/Kg for Ahmedabad and Rs. 110/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. 111/Kg for Ahmedabad and Rs. 109/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. 112/Kg for Ahmedabad and Rs.110/kg for Mumbai ports and commercial quality were evaluated at Rs. 111kg for Ahmedabad and Rs.109/kg for Mumbai.
• This week domestic melamine prices   have remained firm but in compare to previous week prices have decreased.
• This week International Melamine standard quality prices have decreased as no major deals and discussion has been heard. In near term market players will start offers then market will fluctuate.
• In China melamine market is moving with soft velocity no major deals has been heard.
• As per report, Qatar Melamine Company's Doha plant back to full production. Once Qatar Melamine Company’s facility was back online this could loosen the current supply level.
• As per source, China's Hubei Huaqiang runs melamine plant at full capacity.
• As per report, US Q2 melamine prices at rollover to slight increase.

$1 = Rs. 64.85
Import Custom Ex. Rate USD/ INR: 66.20
Export Custom Ex. Rate USD/ INR: 64.50