Melamine (Commercial) Weekly Report 05 May 2018

Weekly Price Trend: 30-04-2018 to 04-05-2018

          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 but in compare to previous week prices have plunged 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 but in compare to previous week prices have plunged 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 prices plunged while commercial prices have increased in compare to previous week.
• As per report, in China melamine commercial prices have escalated as demand from end users has escalated.
• Melamine Standard prices have plunged as demand from end users has been sluggish.
• Asian melamine firm on tight supply and trade returns to normality.
• Japan’s Mitsui Chemicals restarts its melamine plant.

 $1 = Rs. 66.86
 Import Custom Ex. Rate USD/ INR: 67.50
 Export Custom Ex. Rate USD/ INR: 65.80