SMS Image

Price Alerts

News Image

Chemical News

Report Image

Market reports

Report Image

Historical Data

Try free for 30 days


Free Trial

Butyl Acrylate Monomer Weekly Report 04 August 2018

Weekly Price Trend: 30-07-2018 to 03-08-2018

 

  • The above given graph focuses on the Butyl Acrylate Monomer price trend for current week.
  • If we take a quick look at the above given weekly prices, it can be observed that prices remained firm for this week.
  • Prices of BAM were assessed at the level of Rs.109/Kg for ex Kandla for bulk quantity.

Booking Scenario

 

The above chart shows the international prices of BAM and its comparison from the previous prices.

 INDIA & INTERNATIONAL

  • Domestic values for BAM remained firm for this week. Prices were assessed at the level of Rs.109/Kg for bulk quantity.
  • CIF India prices of BAM were assessed at the level of USD 1490-1510/MT (Full Duty), increased by USD 15/MTS for this week.
  • This week oil prices have followed mixed trend. On Thursday oil prices traded slightly higher, reversing course after a report that crude stockpiles at the U.S. storage hub at Cushing, Oklahoma fell in the latest week.U.S. stockpiles have been in the spotlight because they rose unexpectedly last week, stoking fears that the market is becoming oversupplied.
  • On Thursday, closing crude values have increased. WTI on NYME closed at $68.96/bbl. Prices have increased by $1.30/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $1.06/bbl in compare to last closing price and was assessed around $73.45/bbl.
  • As per market report, oil prices are feeling the effects of tensions over global trade, which could cause economic growth to slow.
  • Trump has turned up pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion of Chinese imports and China has said it will retaliate.
  • "It is almost certain that China will impose additional duties on oil and refined products imported from the U.S. if the Trump administration implements additional tariffs on the next tranche of Chinese goods. This could severely dent the competitiveness of U.S. oil and derivatives in the Chinese market.

 

$1 = Rs. 68.60
Import Custom Ex. Rate USD/ INR:  69.25
Export Custom Ex. Rate USD/ INR:  67.55