ISO Propanol Weekly Report 01 July 2017

Weekly Price Trend: 26-06-2017 to 30-06-2017

• The above given graph focuses on the IPA price trend for this week.
• As per the above graph, it has been inferred that the prices of ISO Propanol have remained firm and at the end of this week prices were assessed at the level of Rs.66/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have remained firm this week and were assessed at the level of Rs. 66/Kg.
• This week international prices of ISO Propanol have increased in compared to the previous week and were assessed at the level of USD 900/mt.
• IPA spot price range widens, soft market expected in July.
• Crude oil prices have followed positive inclination as the fall in U.S. production has bolstered markets this week.
• On Thursday, closing crude values have increased.WTI on NYME closed at $44.93/bbl, prices have increased by $0.19bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.11/bbl in compared to last trading and was assessed around $47.42/bbl.
• This week domestic IPA prices have remained firm, while CIF India prices have increased.
• CFR China prices of feedstock propylene were evaluated at USD 875/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 825/mt.

 $1 = Rs. 64.58
 Import Custom Ex. Rate USD/ INR: 65.15
 Export Custom Ex. Rate USD/ INR: 63.50