ISO Propanol Weekly Report 04 Nov 2017

Weekly Price Trend: 30-10-2017 to 03-11-2017

• 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.69/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. 69/Kg.
• This week international prices of ISO Propanol have plunged in compared to the previous week.
• This week IPA prices have remained weak no major deals and discussion has been heard.
• CFR China prices of feedstock propylene were evaluated at USD 945/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 920/mt.
• On Thursday, closing crude values have increased. WTI on NYME closed at $54.54/bbl; prices have increased by $0.24/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.13/bbl in compared to last trading and was assessed around $60.62/bbl.

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