SMS Image

Price Alerts

News Image

Chemical News

Report Image

Market reports

Report Image

Historical Data

Try free for 30 days


Free Trial

Phthalic Anhydride Weekly Report 17 Feb 2018

Weekly Price Trend: 12-02-2018 to 16-02-2017

 

  • The above given graph focuses on the Phthalic Anhydride price trend for current week.
  • There has been no change in domestic prices for this week. Prices were assessed around Rs.82/Kg for Ahmedabad and Rs 80/Kg for Mumbai port.

Booking Scenario

 

Antidumping Duty Country-wise
Israel-USD 139.76/MT Taiwan-USD150.88/MT Korea-USD91.12/MT.
The above chart shows the international prices of Phthalic Anhydride and its comparison from the previous prices.
INDIA & INTERNATIONAL

  • Domestic prices were assessed in the range of 82/Kg for Ahmedabad and Rs 80/Kg for Mumbai port. This week there has been no changes in domestic values. CFR India Phthalic Anhydride prices were assessed at the level of USD 1055-1075/MT from Iran origin.
  • CFR India values for Belarus origin were assessed around USD 1110/MT. China market remained closed due to Lunar holidays. The activities will resume only after 21st Feb 2018.
  • This week oil prices have followed volatile trend. Oil prices extended gains on Thursday as a weak dollar and supportive comments from Saudi Arabia outweighed record U.S. production and rising inventories.
  • On Thursday, closing crude values have remained mixed. WTI on NYME closed at $61.34/bbl; prices have increased by $0.74/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.03/bbl in compared to last trading and was assessed around $64.33/bbl.
  • On Friday Oil prices edged higher as the dollar stood near a three-year low in subdued Asian trade, with many markets closed for the Lunar New Year holiday.
  • As per market players, Oil is getting support from a rebound in global stock markets and a weak dollar, but the upside is limited due to a projection for rising U.S. production.

$1 = Rs. 64.21
Import Custom Ex. Rate USD/ INR: 64.50
Export Custom Ex. Rate USD/ INR: 62.85