N-Butanol Weekly Report 21 April 2018

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

• 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 escalated this week in compares to previous week and at the end of this week prices were assessed at the level of Rs. 73/Kg at Kandla port.

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 escalated and were assessed at Rs. 73/Kg for Kandla port.
• This week international market prices have increased  on increase in energy values.
• US May N-Butanol price-hike efforts proliferate amid strong demand.
• As per market report, China’s Shanxi Sanwei has shut down operation of all its plants in north China for environmental checks.
• This week feedstock propylene prices have increased.
• South East Asia prices of feedstock propylene were assessed at USD 950/mt.
• CFR China prices of propylene were evaluated at USD 1080/mt.
• FOB Korea prices of propylene were evaluated at USD 1045/mt.
• On Thursday, closing crude values have decreased. WTI on NYME closed at $68.29/bbl; prices have decreased by $0.18/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 $73.78/bbl.

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