ISO Propanol Weekly Report 2 June 2018

Weekly Price Trend: 28-05-2018 to 01-06-2018

• 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 plunged for the week and at the end of this week prices were assessed at the level of Rs.74/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 plunged in compared to the previous week.
• Presently IPA prices have plunged as material is available in ample amount while demand has been declined.
• Japan’s IPA exports fell in April.
• As per report, Europe IPA price remains firm while it is feedstock propylene prices escalated.
• FOB Korea prices of feedstock propylene were evaluated at USD 1090/mt.
• CFR China prices of feedstock propylene were evaluated at USD 1130/mt.
• CFR South East Asia prices of feedstock propylene were evaluated at USD 1015/mt.

 $1 = Rs. 67.05
 Import Custom Ex. Rate USD/ INR: 68.65
 Export Custom Ex. Rate USD/ INR: 66.95