Melamine (Commercial) Weekly Report 12 May 2018

Weekly Price Trend: 07-05-2018 to 11-05-2018

          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 increased this week and at the end of the week were assessed at the level of Rs. 119/Kg for Ahmedabad and Rs. 117/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 increased but in compare to previous week prices have plunged and at the end of the week were assessed at the level of Rs. 118/Kg for Ahmedabad and Rs. 116/Kg for Mumbai port.

Booking Scenario

INDIA & INTERNATIONAL

• This week in domestic market prices of Melamine standard and commercial quality have increased and at the end of this week price were assessed at the level of Rs. 119/Kg for Ahmedabad and Rs.117/kg for Mumbai ports and commercial quality were evaluated at Rs. 118/kg for Ahmedabad and Rs.116/kg for Mumbai.
• This week International Melamine standard prices and commercial prices have remained firm in compare to previous week.
• This week International Melamine prices have remained firm as buying sentiments have been firm.
• As per report, major jump in ammonia and urea output boosts Dutch fertilizers and chemicals group OCI's Q1 performance.
• US President Donald Trump’s decision to pull out of the 2015 nuclear deal with Iran will have a lot of consequences for the global chemical industry, as well as for Iran’s domestic sector.

 $1 = Rs. 67.33
 Import Custom Ex. Rate USD/ INR: 67.50
 Export Custom Ex. Rate USD/ INR: 65.80