ISO Propanol Weekly Report 22 July 2017

Weekly Price Trend: 17-07-2017 to 21-07-2017

• 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.64/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. 64.5/Kg.
• This week international prices of ISO Propanol have remained firm in compared to the previous week and were assessed at the level of USD 900/mt.
• This week domestic IPA prices have plunged, while CIF India prices have remained firm.
• Presently market is moving with soft velocity while material is available in ample amount.
• US spot, contract IPA prices weaken on ample supply.
• CFR China prices of feedstock propylene were evaluated at USD 845/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 860/mt.
• Total imported quantity of IPA for the month of June 2017 was around 6674MT.

 $1 = Rs. 64.32
 Import Custom Ex. Rate USD/ INR: 65.65
 Export Custom Ex. Rate USD/ INR: 63.95