ISO Propanol Weekly Report 22 April 2017

Weekly Price Trend: 17-04-2017 to 21-04-2017

• 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 decreased and at the end of this week prices were assessed at the level of Rs. 71/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have decreased this week and were assessed at the level of Rs. 71/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.
• Europe IPA price rises, global market remains tight, as per report.
• Thailand's IVL to see continued earnings growth in 2017-18, The company will increase capacity at its automotive fabric plant in China by 40% and ramp up its IPA production.
• Presently IPA market is moving with soft velocity no major deals and discussion has been heard from end users.
• 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 825/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 810/mt.
• Total imported quantity of IPA in the month of March was around 10896mt.

 $1 = Rs. 64.61
 Import Custom Ex. Rate USD/ INR: 65.55
 Export Custom Ex. Rate USD/ INR: 63.85