ISO Propanol Weekly Report 19 Aug 2017

Weekly Price Trend: 14-08-2017 to 18-08-2017

• 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 remained firm and at the end of this week prices were assessed at the level of Rs.61/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have remained stable this week and were assessed at the level of Rs. 62/Kg.
• This week international prices of ISO Propanol have decreased in compared to the previous week and were assessed at the level of USD 900/mt.
• This week domestic IPA prices have remained firm, while CIF India prices have decreased.
• Presently market is moving with soft velocity while material is available in ample amount.
• EU IPA imports up, exports down in June.
• Asia IPA imports stable-to-firm on higher offers.
• China’s acetone-based Kellin Chemical to restart IPA plant.
• CFR China prices of feedstock propylene were evaluated at USD 910/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 865/mt.

 $1 = Rs. 64.14
 Import Custom Ex. Rate USD/ INR: 65.15
 Export Custom Ex. Rate USD/ INR: 63.45