Melamine (Commercial) Weekly Report 07 April 2018

Weekly Price Trend: 02-04-2018 to 06-04-2018

          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 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. 

• 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 decreased in compare to previous week 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 decreased 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 and commercial prices have remained firm in compare to previous week.
• Second-quarter contract negotiations in the European melamine market are going on, market players have said t hat contract prices will be higher on tight supply.
• Jianfeng Chem restart its melamine plant located in China with the production capacity of  30,000 tonne/year.
• As per report, China’s February melamine exports plunged.

 
 $1 = Rs. 64.96
 Import Custom Ex. Rate USD/ INR: 65.90
 Export Custom Ex. Rate USD/ INR: 64.20