Styrene Monomer Weekly Report 18 Nov 2017

Weekly Price Trend: 13-11-2017 to 17-11-2017

• If we take a quick look at the above given weekly prices, it can be observed that for the current week prices of Styrene Monomer have remained firm in compare to previous week and at the end of the week prices were assessed Rs.86/Kg for bulk quantity at Kandla and Rs 87/kg for Mumbai ports of India.

Booking Price

INDIA& INTERNATIONAL

• The domestic prices of Styrene were assessed at the level of Rs.86/Kg for ex Kandla and Rs 87/kg Mumbai ports.
• CIF India prices were assessed at the level of USD 1175/MT.
• This week FOB Korea prices were assessed USD 1225/MTS prices have increased in compared to last week’s closing prices.
• SM demand sentiments have been firm in Asian market.
• Presently SM demands have remained firm no major deals and discussion has been heard but in near term demand sentiments will go up anticipated by market players.

 $1 = Rs. 67.63
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50