ISO Propanol Weekly Report 02 Sep 2017

Weekly Price Trend: 28-08-2017 to 01-09-2017

• 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.64/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. 64/Kg.
• This week international prices of ISO Propanol have increased in compared to the previous week and were assessed at the level of USD 930/mt.
• As per report, China’s Jiangsu Xinhua plans to shut its IPA plant for maintenance turnaround.
• South Korea’s Isu Chemical plans to shut its IPA plant for maintenance turnaround.
• As per report, Tropical storm in US prompts more force majeures on continued shutdowns.
• Three feedstock propylene splitter at Mont Belvieu are in limited service.
• CFR China prices of feedstock propylene were evaluated at USD 935/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 875/mt.
• CFR South East Asia prices of feedstock propylene were evaluated at USD 780/mt.

 $1 = Rs. 64.02
 Import Custom Ex. Rate USD/ INR: 65.15
 Export Custom Ex. Rate USD/ INR: 63.45