N-Butanol Weekly Report 30 Sep 2017

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

• 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 increasedthis week in compares to previous week and at the end of this week prices were assessed at the level of Rs. 70/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 increased and were assessed at Rs. 70/Kg for Kandla port.
• This week international market prices have remained firm on account of firm demand sentiments.
• This week N-Butanol prices have remained firm while oil prices have fluctuated.
• As per report, Europe N-Butanol producers probable to seek price rise in October on increase in feedstock prices.
• As per market source, N-Butanol producer Oxea announced its plan to lift n-butanol prices.
• CFR South East Asia prices of propylene were assessed at USD 875/mt.
• CFR China prices of propylene were evaluated at USD 995/mt.
• FOB Korea prices of propylene were evaluated at USD 950/mt.
• 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