Butyl Acrylate Monomer Weekly Report 18 Feb 2017

Weekly Price Trend: 13-02-2017 to 17-02-2017

• 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 prices remained stable throughout this week. week.
• Prices of BAM were assessed at the level of Rs.108/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 decreased heavily this week.
INDIA & INTERNATIONAL

• BAM prices remained stable throughout this week. By end of this week prices were assessed at the level of Rs.108/Kg with no change in compare to last week’s closing values.
• CIF India prices of BAM were assessed at the level of USD 1510-1530/MT (Full Duty), with an increase of USD 40/MTS in compare to last week’s closing values. This has been due to mixed price trend in crude values in global market.
• Crude prices continue to oscillate in a shifting range as traders considered the conflicting influence of weakening of US dollar. There has been constant high supply in last few weeks along with rising levels in the US crude inventory levels.
• On Thursday closing, there has been rise in crude values.WTI values increased by USD 0.25/bbl and was assessed around $53.36. On other side there was slight decline in Brent values was observed. Brent crude prices reduced by $0.10/bbl and were assessed around $55.65/bbl.

$1 = Rs. 67.00
Import Custom Ex. Rate USD/ INR: 67.85
Export Custom Ex. Rate USD/ INR: 66.15