N Hexane Weekly Report 11 Nov 2017

Weekly Price Trend: 06-11-2017 to 10-11-2017

• The above given graph focuses on the N Hexane price trend for the current week.
• Prices were assessed at the level of Rs.49/Kg in this week, with no change in values in compare to last week’s closing values.
• By end of the week prices were assessed around Rs.50/Kg for bulk quantity.

Total import at various ports in the month of September 2017

The above chart depicts the import of N Hexane at various ports of India in the month of September 2017. There has been slowdown in imports in compare to last few months.

Booking Scenario

INDIA& INTERNATIONAL

• This week N hexane prices remained soft-to-stable in domestic market. Prices were assessed around Rs.49/Kg for bulk quantity.
• The market has opened on higher note for N Hexane market post Diwali vacation.
• CIF India values were assessed in the range of USD 760-790/MT increased by USD 10/MTS in compare to last week’s closing values
• Last week, on Thursday, closing crude values have increased. WTI on NYME closed at $57.17/bbl; prices have increased by $0.36/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.44/bbl in compared to last trading and was assessed around $63.93/bbl.
• Market trends remained stable to positive for this week. Market will see an upsurge in next few weeks as political tension in Saudi Arabia has been disturbing the petrochemical market all over the world.

 
$1 = Rs. 67.63
Import Custom Ex. Rate USD/INR: Rs. 65.50
Export Custom Ex. Rate USD/INR: Rs. 64.70