Butyl Acrylate Monomer Weekly Report 25 Nov 2017

Weekly Price Trend: 20-11-2017 to 24-11-2017

• 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 domestic values by end of this week.
• Prices of BAM were assessed at the level of Rs.91/Kg for ex Kandla for bulk quantity.

Total import at various port in the month of October 2017

The above chart depicts the total import of BAM in the month of October 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 remained unchanged.
INDIA & INTERNATIONAL

• There has been no change in the domestic values of BAM for this week. Prices were assessed at the level of Rs.91/Kg for bulk quantity.
• CIF India prices of BAM were assessed at the level of USD 1310-1320/MT (Full Duty), increased by USD 40/MTS in compare to last week’s closing values.

• Market trends remained stable to positive for this week. Market has increased in ths week for almost all petchem products.

• There has been huge cult in the petrochemical production output in China since January to October. On an average production growth has slowdown for 8.5 % to 3.9%. This has been due to extra consciousness of communist government of China in environmental issues. The quality of air has been regarded as worst in Chin since past few years. To overcome such issues the government has decided to put an cult on the petchem production. The Beijing-Tianjin-Hebei Region has been constantly monitored by the government.
• Industry sources expect the environmental measures to be adopted in the eastern and southern parts of China as well, and could mean a further curtailment to the country's overall petrochemical supply that will consequently drive up prices.
• There “is likely to be significant disruption to existing chemicals’ capacity” amid China’s environmental protection campaign.

$1 = Rs. 67.63
Import Custom Ex. Rate USD/ INR: 66.20
Export Custom Ex. Rate USD/ INR: 64.50