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ISO Propanol Weekly Report 13 May 2017

Weekly Price Trend: 08-05-2017 to 12-05-2017

 

  • 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 decreased 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 decreased 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 850/mt.
  • US March IPA exports higher by 12% year on year.
  • European IPA spot prices roll over on stable market.
  • This week feedstock price in Asia has remained firm on account of this IPA prices also have remained firm.
  • Presently IPA market is moving with soft velocity no major deals and discussion has been heard from end users.
  • CFR China prices of feedstock propylene were evaluated at USD 805/mt.
  • FOB Korea prices of feedstock propylene were evaluated at USD 790/mt.

 

 $1 = Rs. 64.30
 Import Custom Ex. Rate USD/ INR: 65.10
 Export Custom Ex. Rate USD/ INR: 63.40