Melamine (Commercial) Weekly Report 2 June 2018

Weekly Price Trend: 28-05-2018 to 01-06-2018

• 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 plunged this week and at the end of the week were assessed at the level of Rs. 115/Kg for Ahmedabad and Rs. 113/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 plunged but in compare to previous week prices have plunged and at the end of the week were assessed at the level of Rs. 114/Kg for Ahmedabad and Rs. 112/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL

• This week in domestic market prices of Melamine standard and commercial quality have plunged and at the end of this week price were assessed at the level of Rs. 115/Kg for Ahmedabad and Rs.113/kg for Mumbai ports and commercial quality were evaluated at Rs. 114/kg for Ahmedabad and Rs.112/kg for Mumbai.
• This week International Melamine standard and commercial prices have plunged in compare to previous week.
• This week Melamine prices have plunged on slow trading activity from end users on Ramadan festival.
• In near term it is anticipated that Q3 Melamine prices will go up in Asian market.
• Europe Melamine prices also will take positive move in near term.

 $1 = Rs. 67.05
 Import Custom Ex. Rate USD/ INR: 68.65
 Export Custom Ex. Rate USD/ INR: 66.95