ISO Propanol Weekly Report 16 Dec 2017

Weekly Price Trend: 11-12-2017 to 15-12-2017

• 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.71.5/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. 71.5/Kg.
• This week international prices of ISO Propanol also have increased in compared to the previous week.
• Shell Singapore IPA operations not affected by 10 Dec.
• As per report, European IPA prices rolled over as downward trend due to lower seasonal demand.
• This week crude oil prices have followed mixed trend. On Thursday oil prices rose as a pipeline outage in Britain continued to support prices despite forecasts showing global crude surplus in the beginning of next year.
• CFR China prices of feedstock propylene were evaluated at USD 920/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 980/mt.

 $1 = Rs. 64.04
 Import Custom Ex. Rate USD/ INR: 65.40
 Export Custom Ex. Rate USD/ INR: 63.70