Melamine (Commercial) Weekly Report 21 April 2018

Weekly Price Trend: 16-04-2018 to 20-04-2018

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 remained firm 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 remained firm 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 remained firm 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.
• Presently domestic melamine prices have remained firm while in international melamine prices have plunged on bearish demand sentiments from end users.
• For Q2 Melamine contracts in Europe firm on cozy supply and healthy demand.
• Iran rial slump unlikely to boost petrochemical exports.
• US Feb melamine exports triple year-ago levels

 $1 = Rs. 66.03
 Import Custom Ex. Rate USD/ INR: 66.70
 Export Custom Ex. Rate USD/ INR: 65.00