25/3/14 #USD-Rs. Scenario #Rupee moved stronger as equity - TopicsExpress



          

25/3/14 #USD-Rs. Scenario #Rupee moved stronger as equity markets touched new high and as foreign investors bought into debt and equity segments. Euro weakened after PMI data. Dollar weakened after release of US Flash manufacturing data Today we expect release of US New Home sales and Consumer confidence data. Intraday Range : 60.40 - 60.85 Extreme Range : 60.20 - 61.20 #INR appreciated against $ & touched Rs.60.50,Custom exchange is still 61.75( for,imports wef 21/3/14).It seems that custom dept.will reduce it again by min rs.0.5 .Further appreciation in Rupee below 60.50 possible.Reduction in custom will make imports cheaper . #Purchase Opinion : Needbase buying is suggested,( Except PE) --------------------------------- =>#Latest International Offers of Polymers at indian port, ( $/mt) Polymer Price affecting other Factors : Crude $/bbl : 106.81 Naphtha: $/Mt: 930 China Buying : Good Todays $/INR: 60.57 #PP Latest International Offers,Nhavaseva,Mumbai,India. ($/mt) ( 1 ) PP Raffia / Injection Moulding : 1525 ( 2 ) PP Film,TQ,Tubular Quench : 1550 ( 3 ) Impact Co Polymer / Random Polymer : 1585 ( 4 ) B.O.P.P. : 1540 HDPE Latest International Offers,Nhavaseva,Mumbai,India. ($/mt) ( 1 ) HDPE Raffia : 1565 ( 2 ) HDPE Inj.Moulding : 1540 ( 3 ) HDPE Blow Moulding : 1540 ( 4 ) HM HDPE Film : 1570 LLDPE Latest International Offers,Nhavaseva,Mumbai,India. ($/mt) ( 1 ) LLDPE Film : 1545 ( 2 ) LLDPE Roto : 1550 ( 3 ) LLDPE Lami : 1565 ( 4 ) LLDPE Hi MFI : 1550 LDPE Latest International Offers,Nhavaseva,Mumbai,India. ($/mt) ( 1 ) LDPE Gen.Purpose : 1605 ( 2) LDPE Lamination : 1740 ( 3 ) LDPE Inj.Mldg : 1605 ( 4 ) LDPE Heavy Duty : 1605 PVC Latest International Offers,Nhavaseva,Mumbai,India. ($/mt) ( 1 ) PVC K Value 67 : 1055 ( 2 ) PVC K Value 57 : 1060 PS Ltst Offers In International Mrkt, ($/mt) ( 1 ) G.P.P.S : 1790 ( 2 ) H.I.P.S. : 1840 ABS Latest International Offers,Nhavaseva,Mumbai,India. ($/mt) ( 1 ) A.B.S. : 1910 EVA Latest International Offers,Nhavaseva,Mumbai,India. ($/mt) ( 1 ) E.V.A. : 1910 PET Latest International Offers,Nhavaseva,Mumbai,India. ($/mt) ( 1 ) P.E.T. : 1350 ===== #Purchase opinion: #PE: buying is suggested considering shortage of many grades due to GAIL shutdown and limited imports in mrkt. #PP: Need base buying is suggested as price protection is in force till 1st April.14.Local mfgrs. Will be forced to transfer effect of reversal in $-rs. Custom exchange rate if global offers to india port remain stable or fluctuating in range of (+ /-) 10 $/mt. #PVC: Considering RIL hazira, plants shutdown in month of April, buying is suggested though price cut on 1st, April -is visible on account of reversal in $-rs. Custom exchange rate & global offers at indian port.Imports are being offered at attractive rate now a days. #PS / #PET:Need Based buying is suggested. #EVA : BUying is suggested. #Hv Yr Voice: you can also share your news/ views/ comments / Critics /suggestion to guide polymer industry in proper direction.you can whatsapp to 91 93745 24365 or mail to info@polymerbazaar #FOR FREE ALERTS ------------------------- Download our android app directly Frm GooglePlay store,1st,5000 installers will get FREEAlerts of polymers news.whatsapp req@919374524365 FREE Polymers Alerts:Just create a Group of Min.25Plastics mfgrs.,traders,dealers & related group on WHATSAPP.Send Request@919374524365 To get regular alerts send SMS, FOLLOW MumbaiMRKT to 53000 => #Pl.join us at BBM to get faster news & alerts.: ------------------------------------------------------- As whatsapp has limitations to share news to max. 50 mmbrs in single click, we hv been sharing news to more than 200 grps (created by members from many places of globe). Looking to time constraints , all whatsapp groups has been informed to shift their presence also at BBM .Now even BBM also supports android and mac system, , hence to be in touch and undated, download BBM and invite us. =>#Our BBM PIN : 7683e33d ------------------------------------- Sharing same post to all groups tks much time and news gets delayed in updating all our groups members, while at BBM , we can post and share any news, post in single click to all members. Pl.note, now onwards alerts /news may not posted here or get delayed in sharing same. polymerbazaar Info@polymerbazaar Price * Prediction *Profit + 91 93745 24365 Bbm pin: 7683e33d
Posted on: Tue, 25 Mar 2014 12:33:17 +0000

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