Melamine (Commercial) Weekly Report 14 April 2018

Weekly Price Trend: 09-04-2018 to 13-04-2018

          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 increased in compare to previous week 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. 

• 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 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.

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. 118/Kg for Ahmedabad and Rs.116/kg for Mumbai ports and commercial quality were evaluated at Rs. 117/kg for Ahmedabad and Rs.115/kg for Mumbai.
• This week International Melamine standard and commercial prices have plunged in compare to previous week.
• China melamine demand has been soft from end users on account of this price have decreased.
• This week Melamine Commercial prices also have plunged on bearish demand stipulation.
• European second-quarter melamine contract talks are going on.

 $1 = Rs. 65.20
 Import Custom Ex. Rate USD/ INR: 65.90
 Export Custom Ex. Rate USD/ INR: 64.20