ISO Propanol Weekly Report 18 June 2018

Weekly Price Trend: 13-08-2018 to 17-08-2018

• 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 increased for the week and at the end of this week prices were assessed at the level of Rs.73/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. 73/Kg.
• This week international prices of ISO Propanol also have increased in compared to the previous week.
• US IPA prices fall on competition from lower-priced imports.
• Europe IPA prices rise as Rhine level, shutdowns hit availability.
• This week crude oil prices have followed volatile trend. On Friday Crude prices edged higher, but were heading for yet another weekly decline on worries that oversupply would weigh on the U.S. market and that trade disputes and slowing global economic growth would slow demand for oil.
• On Friday, closing crude values have increased. WTI on NYME closed at $65.91/bbl. Prices have increased by $0.45/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.40/bbl in compare to last closing price and was assessed around $71.43/bbl.

 $1 = Rs. 70.15
 Import Custom Ex. Rate USD/ INR: 71.10
 Export Custom Ex. Rate USD/ INR: 69.40