ISO Propanol Weekly Report 30 Sep 2017

Weekly Price Trend: 25-09-2017 to 29-09-2017

• 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 increased and at the end of this week prices were assessed at the level of Rs.68/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. 68/Kg.
• This week international prices of ISO Propanol also have increased in compared to the previous week.
• This week IPA prices have increased on shortage of materialwhile bearish demand sentiments.
• Indian producer Deepak Fertilisers and Petrochemicals Corp Ltd is expanding the capacity of its Taloja isopropanol IPA plant to 170,000mt/yr.
• US Sept IPA spot, contract prices increase on shortage of supply.
• Asian IPA spot prices remained firm on range-bound discussions.
• CFR China prices of feedstock propylene were evaluated at USD 995/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 950/mt.

 $1 = Rs. 65.28
 Import Custom Ex. Rate USD/ INR: 65.40
 Export Custom Ex. Rate USD/ INR: 63.70