ISO Propanol Weekly Report 23 Dec 2017

Weekly Price Trend: 18-12-2017 to 22-12-2017

• 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. 71.5/Kg.
• This week international prices of ISO Propanol also have decreased in compared to the previous week.
• This week TPA market has remained firm no major deals and discussion has been heard.
• US December IPA contract values settled flat on seasonally thin and subdued market conditions.
• Europe IPA price firm and January prices expectations firm.
• On Thursday, closing crude values have increased. WTI on NYME closed at $58.36/bbl; prices have increased by $0.27/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.34/bbl in compared to last trading and was assessed around $64.90/bbl.
• FOB Korea prices of feedstock propylene were evaluated at USD 935/mt.
• CFR China prices of feedstock propylene were evaluated at USD 990/mt.
• Total imported quantity for the month of November was around 5079MT.

 $1 = Rs. 64.04
 Import Custom Ex. Rate USD/ INR: 64.90
 Export Custom Ex. Rate USD/ INR: 63.20