Butyl Acrylate Monomer Weekly Report 04 Nov 2017

Weekly Price Trend: 30-10-2017 to 03-11-2017

• The above given graph focuses on the Butyl Acrylate Monomer price trend for current week.
• If we take a quick look at the above given weekly prices, it can be observed that there has been slowdown in values by end of this week.
• Prices of BAM were assessed at the level of Rs.86/Kg for ex Kandla for bulk quantity.

Booking Scenario

The above chart shows the international prices of BAM and its comparison from the previous prices. On Friday CFR India prices of BAM prices increased for this week.

INDIA & INTERNATIONAL

• BAM prices remained soft for this week. This has been particularly due to festive season across the country and weakened supply of the chemical. Very few traders were available in past few weeks with very limited demand in the domestic market.
• By end of the week prices were assessed at the level of Rs.86/Kg for bulk quantity for Kandla and Mumbai port of India.
• CIF India prices of BAM were assessed at the level of USD 1300-1320/MT (Full Duty), an decrease of USD 60/MTS in compare to last week’s closing values.
• On Thursday, closing crude values have increased. WTI on NYME closed at $54.54/bbl; prices have increased by $0.24/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.13/bbl in compared to last trading and was assessed around $60.62/bbl.

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