ISO Propanol Weekly Report 18 March 2017

Weekly Price Trend: 13-03-2017 to 17-03-2017

• 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 plunged and at the end of this week prices were assessed at the level of Rs. 75/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have plunged this week and were assessed at the level of Rs. 75/Kg.
• This week international prices of ISO Propanol have increased in compared to the previous week and were assessed at the level of USD 950/mt.
• This week feedstock price in Asia has plunged on account of this domestic IPA prices also have declined.
• As per report, in china market on account of some plant shut down IPA prices have increased.
• Presently IPA market demand from end users has been weaker and trade discussion remained sluggish.
• CFR China prices of feedstock propylene were evaluated at USD 895/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 865/mt.

 $1 = Rs. 65.46
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50