ISO Propanol Weekly Report 23 Sep 2017

Weekly Price Trend: 18-09-2017 to 22-09-2017

• 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 remained firm and at the end of this week prices were assessed at the level of Rs.66/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have remained firm this week and were assessed at the level of Rs. 66/Kg.
• This week international prices of ISO Propanol also have remained firm in compared to the previous week.
• Yeochon, South Korea’s LG Chemical to shut IPA plant for maintenance, it is having the production capacity of 150000 mt/yr.
• CFR China prices of feedstock propylene were evaluated at USD 995/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 950/mt.
• Total imported quantity of IPA for the month of August, 2017 were around 9589mt.

 $1 = Rs. 64.79
 Import Custom Ex. Rate USD/ INR: 65.40
 Export Custom Ex. Rate USD/ INR: 63.70