C9 Weekly Report 11 Nov 2017

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

• The above given graph focuses on the C9 price trend for the current week.
• Domestic prices of C9 improved for this week. Prices were assessed at the level of Rs.53/Kg for bulk quantity by closing of market.

Total import at various ports in the month of September 2017

The above chart depicts the import of C9 at various ports of India in the month of September 2017.

Booking Scenario

INDIA& INTERNATIONAL

• Domestic prices improved slightly for this week. Prices were assessed at the level of Rs.53/Kg for bulk quantity.
• Prices in international market remained stable for this week. CIF India prices were assessed at the level of USD 710-730/MTS, with no change 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