MEG Weekly Report 04 Nov 2017

Weekly Price Trend: 30-10-2017 to 03-11-2017

• The above given graph focuses on the MEG price trend from 30th Oct to 3rd Nov 2017.  
• Prices remained unchanged for this week. Domestic prices were assessed at the level of Rs.66/Kg with no changes in compare to last week’s closing values.

Booking Scenario

The above chart shows the international prices of MEG and its comparison from the previous prices.
INDIA & INTERNATIONAL

• This week domestic prices remained unchanged with no change in values. Prices were assessed at the level of Rs.66/Kg for bulk quantity.
• CFR China values were assessed around USD 890-910/MT, remained firm in compare to last week’s assessed values.
• On Thursday, closing crude values have increased. WTI on NYME closed at $54.54/bbl; prices have increased by $0.24/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.13/bbl in compared to last trading and was assessed around $60.62/bbl.

$1 = Rs. 64.55
Import Custom Ex. Rate USD/ INR: 65.40
Export Custom Ex. Rate USD/ INR: 64.70