MEK Weekly Report 30 Sep 2017

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

• The above graph shows the weekly price trend of MEK for the current week.
• As per the above graph, this week MEK prices have remained volatile in compare to previous week and at the end of the week MEK prices were assessed at the level of Rs. 96/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• For the current week, domestic prices of MEK have remained volatile in compare to previous week and were assessed at the level of Rs 96/kg.
• This week in international market, prices of MEK have plunged in compare to previous week.
• Presently MEK market is moving with volatile velocity demand sentiments have been fluctuating from end users.
• This week oil prices have followed mixed trend. Investors have really gained confidence in oil, after the OPEC cuts that were originally discussed earlier in the year are starting to take shape here, and oil production is being curbed.

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