ISO Propanol Weekly Report 07 Oct 2017

Weekly Price Trend: 02-10-2017 to 06-10-2017

• 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.72/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. 72/Kg.
• This week international prices of ISO Propanol have remained firm in compared to the previous week.
• Deepak Fertilisers and Petrochemicals Corp. Ltd. is planning to expand production capacity for isopropyl alcohol (IPA) at its Taloja plant, near Mumbai, India. The company will invest Rs 450 crore to build a new brownfield plant with a production capacity of 100,000 t/y of IPA.
• As per market report, IPA demand continues to grow.
• CFR China prices of feedstock propylene were evaluated at USD 995/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 950/mt.

 $1 = Rs. 65.38
 Import Custom Ex. Rate USD/ INR: 65.95
 Export Custom Ex. Rate USD/ INR: 64.30