N-Butanol Weekly Report 28 July 2018

Weekly Price Trend: 23-07-2018 to 27-07-2018

• 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 remained firm this week in compares to previous week and at the end of this week prices were assessed at the level of Rs. 83/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 plunged and were assessed at Rs.83/Kg for Kandla port.
• This week International N-Butanol prices also have plunged.
• South East Asia prices of feedstock propylene were assessed at USD 990/mt.
• As per report, US July N-Butanol  prices rise on supply shortage and feedstock propylene pressure.
• This week N-Butanol prices have plunged on soft buying sentiments from end users.
• CFR China prices of propylene were evaluated at USD 1080/mt.
• FOB Korea prices of propylene were evaluated at USD 1065/mt.
• This week oil prices have followed volatile inclination. On Thursday, closing crude values have increased. WTI on NYME closed at $69.61/bbl; prices have increased by $0.31/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.61/bbl in compare to last closing price and was assessed around $74.54/bbl.

 $1 = Rs. 68.65
 Import Custom Ex. Rate USD/ INR: 69.60
 Export Custom Ex. Rate USD/ INR: 67.90