ISO Propanol Weekly Report 24 March 2018

Weekly Price Trend: 19-03-2018 to 23-03-2018

• 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 increased and at the end of this week prices were assessed at the level of Rs.72/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. 72/Kg.
• This week international prices of ISO Propanol have remained firm in compared to the previous week.
• As per market report, European IPA price falls on imports.
• This week crude oil prices have followed little volatility while increased through the week. On Thursday oil prices fell as investors booked profits after this week's rally, but losses were limited by the continuing efforts of OPEC and its allies to curb supplies.
• On Thursday, closing crude values have decreased. WTI on NYME closed at $64.30/bbl; prices have decreased by $0.87/bbl in compared to last closing prices. While Brent on Inter Continental Exchange decreased by $0.56/bbl in compared to last trading and was assessed around $68.91/bbl.
• This week feedstock propylene prices have plunged.
• FOB Korea prices of feedstock propylene were evaluated at USD 1010/mt.
• CFR China prices of feedstock propylene were evaluated at USD 1065/mt.
• CFR South East Asia prices of feedstock propylene were evaluated at USD 960/mt.
• For the month of February total imported quantity of IPA was around 8191MT.

 $1 = Rs. 65.00
 Import Custom Ex. Rate USD/ INR: 65.80
 Export Custom Ex. Rate USD/ INR: 64.15