ISO Propanol Weekly Report 08 July 2017

Weekly Price Trend: 03-07-2017 to 07-07-2017

• 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 plunged and at the end of this week prices were assessed at the level of Rs.65/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have plunged this week and were assessed at the level of Rs. 65/Kg.
• This week international prices of ISO Propanol have remained firm in compared to the previous week and were assessed at the level of USD 900/mt.
• European IPA spot price falls on longer market.
• This week domestic IPA prices have plunged, while CIF India prices have remained firm.
• This week oil prices have followed volatile inclination. On Thursday oil prices closed on slightly up note after a sharp but short-lived boost from a much bigger-than-expected decline in U.S. inventories of crude oil and gasoline.
• CFR China prices of feedstock propylene were evaluated at USD 870/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 820/mt.

 $1 = Rs. 64.59
 Import Custom Ex. Rate USD/ INR: 65.65
 Export Custom Ex. Rate USD/ INR: 63.95