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ISO Propanol Weekly Report 28 April 2018

Weekly Price Trend: 23-04-2018 to 27-04-2018

 

  • 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 remained firm for the week and at the end of this week prices were assessed at the level of Rs.75/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. 75/Kg.
  • This week international prices of ISO Propanol have decreased in compared to the previous week.
  • This week IPA prices have plunged as no major deals and discussion has been heard.
  • Chinese IPA) exports increased to in March.
  • China’s Super Chemical runs its IPA plant at lower rates.
  • This week feedstock propylene prices have decreased.
  • FOB Korea prices of feedstock propylene were evaluated at USD 1045/mt.
  • CFR China prices of feedstock propylene were evaluated at USD 1085/mt.
  • CFR South East Asia prices of feedstock propylene were evaluated at USD 960/mt.
  • Total imported quantity of IPA for the month of March was around 15697MT.

 $1 = Rs. 66.66
 Import Custom Ex. Rate USD/ INR: 66.70
 Export Custom Ex. Rate USD/ INR: 65.00