SMS Image

Price Alerts

News Image

Chemical News

Report Image

Market reports

Report Image

Historical Data

Try free for 30 days


Free Trial

N-Butanol Weekly Report 20 May 2017

Weekly Price Trend: 15-05-2017 to 19-05-2017
 

  • The above given graph focuses on the N-Butanol price trend for the current week.
  • If we take a quick look at the above given weekly prices then it can be observed that the prices of N-Butanol have remained firmthis week in compares to previous week and at the end of this week prices were assessed at the level of Rs. 58/Kg at Kandla port.

Total import at various ports of India April, 2017


Above chart represent the imported quantity of N-Butanol for the month of April, 2017. Last month total imported quantity was assessed 2983mt. As per chart at Kandla port higher quantity has been imported while at Bombay port imports were lesser.

Booking Scenario

The prices of N-Butanol are also affected by duties that are there for different countries. For example, there is 7.5% duty on South Africa and the Europe Zone. And there is 2.5% duty on Malaysia. These prices are for full duty (7.5%) for US, Europe region.

INDIA & INTERNATIONAL

  • This week domestic prices of N-Butanol have remained firm and were assessed at Rs. 58/Kg for Kandla port.
  • This week international market prices have remained firm as feedstock propylene prices also have remained firm.
  • This week N-Butanol market has remained firm no major deals and discussion has been heard from end users.
  • This week overall crude oil prices have plunged with little volatility. Recent announcements by Russia and Saudi Arabia have helped oil prices to recover and several analysts have highlighted the energy sector as a potential play for investors.
  • As per recent report, Russia and Saudi Arabia announced earlier in the week that the supply cut should be extended for another nine months, into March 2018. Members of OPEC will meet next week to discuss extending the supply cut.
  • Some market analyst predict that Russia and other major producers could help drive oil prices back to $60 per barrel or more with a new production deal, but that would also be a green light for U.S. shale drillers, said by source. Many analysts expect to see $60 oil by the end of the year, but the gains are not expected to spike much higher.
  • On Thursday, closing crude values have increased.WTI on NYME closed at $49.35/bbl, prices have increased by $0.28/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.30/bbl in compared to last trading and was assessed around $52.51/bbl.
  • CFR South East Asia prices of propylene were assessd at USD 735/mt.
  • CFR China prices of propylene were evaluated at USD 850/mt.
  • FOB Korea prices of propylene were evaluated at USD 805/mt.

 $1 = Rs. 64.64
 Import Custom Ex. Rate USD/ INR: 65.30
 Export Custom Ex. Rate USD/ INR: 63.60