During last week (Oct. 29th-Nov. 4th, 201) the trade volume of polymers in the IME hall of the Tehran’s stock exchange fell by 21%, with real demand for polymers falling by more than 32%.

These conditions indicate that despite a sharp drop in the supply of polymers in the physical market for nearly all types of standard polymers, the market experienced a new concern, although it should be emphasized that last week’s holidays (as it will be the same case for current week) also affected the trading markets in general.

According to the reports, during last week, the total volume of the traded polymers reached around 43,000 tons, with 1.05 tons per ton of recorded demands, which is indicative of a low purchasing appeal. (More analysis, the trade volumes, prices of the polymers and related table, after the following notice)
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The price spikes last week in the petrochemical market led to a general upswing in the market prices after a few weeks. These conditions showed that the market is changing, but in general, there was not much information on the effective demand for domestic market and even commodity exchange.

Last week, the volume of injecting more commodities from the stock market to the consumer market increased, which meant an increase in supply volumes in the domestic market. More precisely, in the context of the growth of prices, we experienced an unexpected condition, where there was a growth of supply and the drop in demand which normally should end to price declining. These are very amazing events in a market that is manipulated by mediators and mobs!

The following table shows all polymer trades via the IME hall during Oct. 29th and Nov. 4th, 2018