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ISO Propanol Weekly Report 09 Sep 2017

Weekly Price Trend: 04-09-2017 to 08-09-2017

  • 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.65/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. 65/Kg.
  • This week international prices of ISO Propanol have increased in compared to the previous week .
  • As per report, LyondellBasell declares force majeure on IPA.
  • As per source, European IPA market have remained firm, on account of Harvey consequences upcoming outlook remain uncertain.
  • As per report, Asian IPA prices in near term about to rise as arbitrage window to US opens.
  • CFR China prices of feedstock propylene were evaluated at USD 955/mt.
  • FOB Korea prices of feedstock propylene were evaluated at USD 895/mt.

 $1 = Rs. 63.78
 Import Custom Ex. Rate USD/ INR: 64.90
 Export Custom Ex. Rate USD/ INR: 63.25