EDC Weekly Report 11 Nov 2017

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

• The above graph focuses on the weekly price trend of EDC for the current week.
• As per the above graph, it has been inferred that this week the prices of EDC have remained firm in compare to previous week and at the end of this week prices were assessed at the level of Rs 15/kg.

Total import at various ports of India September, 2017

Above graph represents the total imported quantity of EDC for the month of September, 2017. Last month total import was around 68331MT. As per chart last month at Cochin port imported quantity was higher while at Kandla port import was lesser.
 

Booking Scenario

INDIA & INTERNATIONAL

• This week in the domestic market, prices of EDC have remained firm in compare to previous week and were assessed at Rs 15/kg.
• In international market, prices of EDC have remained firm in compare to earlier week.
• EDC demand sentiments have remained soft no deals and discussion has been heard.
• For feedstock ethylene bullish buying sentiments have heard.
• FOB Korea prices of feedstock ethylene USD 1201/MT
• CFR China prices of feedstock ethylene USD 1245/MT
• CFR South East Asia prices of feedstock ethyleneUSD 116/MT.
• CFR North East Asia prices of ethylene USD 1295/MT.

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