ISO Propanol Weekly Report 20 Jan 2018
Weekly Price Trend: 15-01-2018 to 19-01-2018
- 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 remained volatile 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.
- This week European IPA prices fell as the market continued to re-adjust following tightness in Q4 2017.
- This week IPA prices have increased as energy prices and feedstock prices also have escalated.
- US November IPAl exports increase by 50% year on year.
- FOB Korea prices of feedstock propylene were evaluated at USD 990/mt.
- CFR China prices of feedstock propylene were evaluated at USD 1060/mt.
- Total imported quantity of IPA for the month of December was around 15837MT.
$1 = Rs. 63.85
Import Custom Ex. Rate USD/ INR: 64.80
Export Custom Ex. Rate USD/ INR: 63.10