Butyl Acrylate Monomer Weekly Report 11 Nov 2017

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

• 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 no change 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.

Total import at various port in the month of September 2017

The above chart depicts the total import of BAM in the month of September 2017.

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

• There has been no change in the domestic values of BAM for this week. Prices remained firm for this week.
• 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 1260-1270/MT (Full Duty), with an hike of USD 20/MTS in compare to last week’s closing values.
• Last week, on Thursday, closing crude values have increased. WTI on NYME closed at $57.17/bbl; prices have increased by $0.36/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.44/bbl in compared to last trading and was assessed around $63.93/bbl.
• Market trends remained stable to positive for this week. Market will see an upsurge in next few weeks as political tension in Saudi Arabia has been disturbing the petrochemical market all over the world.

$1 = Rs. 67.63
Import Custom Ex. Rate USD/ INR: 65.40
Export Custom Ex. Rate USD/ INR: 64.70