ISO Propanol Weekly Report 05 May 2018
Weekly Price Trend: 30-04-2018 to 04-05-2018
- 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 for the week and at the end of this week prices were assessed at the level of Rs.78/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. 78/Kg.
- This week international prices of ISO Propanol have increased in compared to the previous week.
- Japan’s Tokuyama shuts IPA plant for maintenance.
- US IPA prices plunged on ample supply and bearish demand.
- Indina IPA import prices increase on firm demand and tight supply.
- This week feedstock propylene prices have decreased.
- FOB Korea prices of feedstock propylene were evaluated at USD 1040/mt.
- CFR China prices of feedstock propylene were evaluated at USD 1080/mt.
- CFR South East Asia prices of feedstock propylene were evaluated at USD 955/mt.
$1 = Rs. 66.86
Import Custom Ex. Rate USD/ INR: 67.50
Export Custom Ex. Rate USD/ INR: 65.80