ISO Propanol Weekly Report 25 March 2017

Weekly Price Trend: 20-03-2017 to 24-03-2017

• 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. 72/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. 72/Kg.
• This week international prices of ISO Propanol have decreased in compared to the previous week and were assessed at the level of USD 850/mt.
• This week feedstock price in Asia has plunged on account of this domestic IPA prices also have declined.
• 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 885/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 840/mt.
• Total imported quantity in the month of February were around 8034mt.

 $1 = Rs. 65.41
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50