Acetone Weekly Report 07 Oct 2017

Weekly Price Trend: 02-10-2017 to 06-10-2017
  The above given graph focuses on the Acetone price trend. If we take a quick look at the above given weekly prices, it can be observed that this week prices of Acetone have followed volatile trend. By the end of the week prices of Acetone were assessed at the level of Rs.54/kg for Kandla and 54.5/kg for Mumbai ports of India.

Booking Scenario
 

• These prices are inclusive of anti dumping duty.

INDIA& INTERNATIONAL    

• For the current week in domestic market acetone price have remained volatile in compare to previous week and at the end of the week prices were assessed at the level of Rs 54/kg for Kandla and Rs 54.5/kg Mumbai ports.
• This week in international market, prices of Acetone have remained firm in compare to previous week.
• This week oil prices have followed volatile trend. On Wednesday after slipping a bit oil prices rose on thurdsay on expectations that Saudi Arabia and Russia would extend production cuts, although record U.S. exports and the return of supply from a Libyan oilfield dragged on the market.
• US Eastman is developing repair plan after Kingsport blast having the production capacity of 11000mt.
• US Shell Texas units undergoing planned maintenance.
• Feedstock benzene prices have increased in Asian market this week.
• FOB Korea and CFR China prices of Benzene were evaluated at USD 780/mt and USD 790/mt respectively.

 $1 = Rs. 65.38
 Import Custom Ex. Rate USD/ INR: 65.95
 Export Custom Ex. Rate USD/ INR: 64.30