Melamine (Standard) Weekly Report 28 April 2018

Weekly Price Trend: 23-04-2018 to 27-04-2018

          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 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 and commercial prices have remained firm in compare to previous week.
• Melamine market is moving with soft velocity as demand sentiments from laminate and other industry players have been bearish.
• China’s March melamine exports increased 57% over February.
• As per report, Japan’s Mitsui Chemicals restarts its melamine plant.
• Total imported quantity of Melamine for the month of March was around 6382MT.

 $1 = Rs. 66.66
 Import Custom Ex. Rate USD/ INR: 66.70
 Export Custom Ex. Rate USD/ INR: 65.00