Mixed Xylene Weekly Report 18 Feb 2017

Weekly Price Trend: 13-02-2017 to 17-02-2017

• The above given graph focuses on the Mixed Xylene price trend for the current week.
• Domestic prices ofMixed Xylene remained mixed this week. Prices were assessed at the level of Rs.53/Kg for Kandla port and for Mumbai port.

                                                                        Booking Scenario

INDIA

• Mixed Xylene prices were assessed around Rs.53/Kg at Kandla port and for Mumbai port.
• International prices of Isomer grade Mixed Xylene reduced for this week. Prices were assessed in the range of USD 700-720/MTS decreased by USD 20/MT in compare to last week’s closing values.
• CFR SE Asia prices were assessed in the range of USD 715-735/MT.
• Crude prices continue to oscillate in a shifting range as traders considered the conflicting influence of weakening of US dollar. There has been constant high supply in last few weeks along with rising levels in the US crude inventory levels.
• On Thursday closing, there has been rise in crude values.WTI values increased by USD 0.25/bbl and was assessed around $53.36. On other side there was slight decline in Brent values was observed. Brent crude prices reduced by $0.10/bbl and were assessed around $55.65/bbl.

$1 = Rs. 67.00
Import Custom Ex. Rate USD/ INR: 67.85
Export Custom Ex. Rate USD/ INR: 66.15