ISO Propanol Weekly Report 10 June 2017
Weekly Price Trend: 05-06-2017 to 09-06-2017
- 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.67/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. 67/Kg.
- This week international prices of ISO Propanol have decreased in compared to the previous week and were assessed at the level of USD 890/mt.
- Europe IPA spot price falls on feedstocks, availability.
- As per market report, material is available in higher quantity while demand sentiments have been bearish.
- Presently IPA market is moving with soft velocity no major deals and discussion has been heard from end users.
- These week feedstocks prices have plunged as result IPA prices also have decreased.
- CFR China prices of feedstock propylene were evaluated at USD 845/mt.
- FOB Korea prices of feedstock propylene were evaluated at USD 820/mt.
$1 = Rs. 64.24
Import Custom Ex. Rate USD/ INR: 65.35
Export Custom Ex. Rate USD/ INR: 63.70