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N Hexane Weekly Report 18 Feb 2017

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

 

  • The above given graph focuses on the N Hexane price trend for the current week.
  • Domestic prices of N Hexane increased significantly for this week. Prices were assessed at the level of Rs.57/Kg in this week.
  • By end of the week prices were assessed around Rs.54/Kg for bulk quantity.

Booking Scenario

INDIA& INTERNATIONAL

  • This week N hexane prices increased and were assessed around Rs.57/Kg.
  • CIF India prices of N Hexane were assessed at the level of USD 710-730/MTS, with an increase of USD 70/MTS in compare to last week’s assessed values.
  • 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: Rs. 67.85
Export Custom Ex. Rate USD/INR: Rs. 66.15