ISO Propanol Weekly Report 8 April 2017

Weekly Price Trend: 03-04-2017 to 07-04-2017

• 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. 72/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. 72/Kg.
• This week international prices of ISO Propanol also have remained firm in compared to the previous week and were assessed at the level of USD 850/mt.
• Chinese Super Chemical runs Shandong IPA line at 70% capacity.
• This week feedstock price in Asia has plunged while IPA prices have remained firm.
• 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 845/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 820/mt.
• Total imported quantity in previous six months fr5om September 2016 to February 2017 were around 31952mt.

 $1 = Rs. 64.28
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50