N-Butanol Weekly Report 18 Nov 2017
Weekly Price Trend: 13-11-2017 to 17-11-2017
- The above given graph focuses on the N-Butanol price trend for the current week.
- If we take a quick look at the above given weekly prices then it can be observed that the prices of N-Butanol have remained firm this week in compares to previous week and at the end of this week prices were assessed at the level of Rs. 65/Kg at Kandla port.
Booking Scenario
The prices of N-Butanol are also affected by duties that are there for different countries. For example, there is 7.5% duty on South Africa and the Europe Zone. And there is 2.5% duty on Malaysia. These prices are for full duty (7.5%) for US, Europe region.
INDIA & INTERNATIONAL
- This week domestic prices of N-Butanol have remained firm and were assessed at Rs. 65/Kg for Kandla port.
- This week international market prices have remained firm on account of firm demand sentiments.
- These week markets have remained soft-to-stable no major deals and discussion has been heard.
- South East Asia prices of propylene were assessed at USD 815/mt.
- CFR China prices of propylene were evaluated at USD 930/mt.
- FOB Korea prices of propylene were evaluated at USD 875/mt.
$1 = Rs. 67.63
Import Custom Ex. Rate USD/ INR: 66.20
Export Custom Ex. Rate USD/ INR: 64.50