ISO Propanol Weekly Report 14 April 2018

Weekly Price Trend: 09-04-2018 to 13-04-2018

• 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 volatile for the week and at the end of this week prices were assessed at the level of Rs.78/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have remained volatile this week and were assessed at the level of Rs. 74/Kg.
• This week international prices of ISO Propanol have increased in compared to the previous week.
• This week IPA prices have invreased on bullish buying sentiments from end users.
• Presently European IPA prices plunged on competitive market.
• As per report, China’s Super Chemical delayed restart of its IPA plant.
• This week feedstock propylene prices have increased.
• FOB Korea prices of feedstock propylene were evaluated at USD 1025/mt.
• CFR China prices of feedstock propylene were evaluated at USD 1060/mt.
• CFR South East Asia prices of feedstock propylene were evaluated at USD 925/mt.
• Oil prices have escalated through the week but on Thursday prices have remained mixed.
• On Thursday, closing crude values have mixed. WTI on NYME closed at $67.07/bbl; prices have increased by $0.25/bbl in compared to last closing prices. While Brent on Inter Continental Exchange decreased by $0.40/bbl in compared to last trading and was assessed around $72.02/bbl.

 $1 = Rs. 65.20
 Import Custom Ex. Rate USD/ INR: 65.90
 Export Custom Ex. Rate USD/ INR: 64.20