ISO Propanol Weekly Report 09 Dec 2017

Weekly Price Trend: 04-12-2017 to 08-12-2017

• The above given graph focuses on the IPA price trend for this week.
• As per the above graph, it has been inferred that the prices of ISO Propanol have remained firm and at the end of this week prices were assessed at the level of Rs.71/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have remained firm this week and were assessed at the level of Rs. 71/Kg.
• This week international prices of ISO Propanol also have remained firm in compared to the previous week.
• it is anticipated that in near term after the restart the plants material availability will be sufficient and demand will be bearish which will diminish the prices, said by market analyst.
• Japan’s Mitsui restarts its IPA plant.
• South Korea’s Isu Chemical restarts its IPA plant.
• JXTG restarts its IPA plant it is based at Japan.
• CFR China prices of feedstock propylene were evaluated at USD 910/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 905/mt.

 $1 = Rs. 64.46
 Import Custom Ex. Rate USD/ INR: 65.40
 Export Custom Ex. Rate USD/ INR: 63.70