MEK Weekly Report 21 April 2018

Weekly Price Trend: 16-04-2018 to 20-04-2018

• The above graph shows the weekly price trend of MEK for the current week.
• As per the above graph, this week MEK prices have remaine firm and at the end of the week MEK prices were assessed at the level of Rs. 118/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• For the current week, domestic prices of MEK have remained firm in compare to previous week and were assessed at the level of Rs 118/kg.
• This week in international market, prices of MEK also have remained firm in compare to previous week.
• This week MEK prices have remained firm on firm buying sentiments from end users and soft trading activity.
• On Thursday, closing crude values have mixed. WTI on NYME closed at $67.07/bbl; prices have increased by $0.25/bbl in compared to last closing prices. While Brent on Inter Continental Exchange decreased by $0.40/bbl in compared to last trading and was assessed around $72.02/bbl.s

  $1 = Rs. 66.03
 Import Custom Ex. Rate USD/ INR: 66.70
 Export Custom Ex. Rate USD/ INR: 65.00