ISO Propanol Weekly Report 02 Dec 2017

Weekly Price Trend: 27-11-2017 to 01-12-2017

• 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 increased and at the end of this week prices were assessed at the level of Rs.71/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have increased this week and were assessed at the level of Rs. 71/Kg.
• This week international prices of ISO Propanol also have increased in compared to the previous week.
• US November IPA prices firm amid calming conditions.
• India’s IPA import prices widen, deals done at $935-975/tone.
• European IPA spot prices roll over, demand softens.
• In domestic market IPA prices have increased on improved demand sentiments from industry users.
• This week crude oil prices have followed mixed trend. On Thursday oil prices have escalated OPEC members, Russia and nine other producers agreed to extend a deal to limit their production through 2018.
• CFR China prices of feedstock propylene were evaluated at USD 970/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 895/mt.

$1 = Rs. 64.46
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50