N-Butanol Weekly Report 25 Nov 2017

Weekly Price Trend: 20-11-2017 to 24-11-2017

• 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.

Total import at various ports of India October, 2017

Above graph represents the total imported quantity of N-butanol for the month of October 2017. Last month total imported quantity of N-Butanol was around 6508mt. At Kandla port imported quantity were higher while at Hazira port imports were lesser.

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 plunged on account of weak demand sentiments.
• This week market has remained soft-to-stable no major deals and discussion has been heard.
• On Thursday, closing crude values have increased. WTI on NYME closed at $58.45/bbl; prices have increased by $0.37/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.06/bbl in compared to last trading and was assessed around $63.38/bbl.
•  South East Asia prices of propylene were assessed at USD 805/mt.
• CFR China prices of propylene were evaluated at USD 945/mt.
• FOB Korea prices of propylene were evaluated at USD 895/mt.

$1 = Rs. 64.70
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50