Acetone Weekly Report 11 Nov 2017

Weekly Price Trend: 06-11-2017 to 10-11-2017

 
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 fluctuated. 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.
Total import at various ports of India September, 2017

Above graph represents the total imported quantity of Acetone for the month of September, 2017. Last month total import was around 15684MT. As per chart last month at Bombay port imported quantity was higher while at Vizag port import was lesser.s

Booking Scenario
 

• These prices are inclusive of anti dumping duty.

INDIA& INTERNATIONAL    

• For the current week in domestic market acetone price have fluctuated 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/kg Mumbai ports.
• This week in international market, prices of Acetone have remained firm in compare to previous week.
• Presently Acetone market is moving with soft velocity no major deals and discussion has been heard. •   
• Acetone prices plunged in Asian market on weak buying sentiments while material is available in ample quantity.
• CFR South East Asia prices of acetone were assessed in the range of  USD 720-740/mt, CFR China prices were assessed firm in the range of 645-665mt.
• Feedstock benzene prices have increased in Asian market this week.
• FOB Korea and CFR China prices of Benzene were evaluated at USD 850/mt and USD 840/mt respectively.

 $1 = Rs. 64.55
 Import Custom Ex. Rate USD/ INR: 65.40
 Export Custom Ex. Rate USD/ INR: 64.70