Iran Polymer Market Shows Development Signals of Converting Industry

Iran Polymer Market Shows Development Signals of Converting IndustryThe statistics related to the last week PIMI’s ODV index  (Click Here) show that during the week (with 3 days of holidays and holy days) all Offers (supply), Demands and Trade Volumes had a positive trend confirming the positive growth in converting industries. Specially when the material prices at the free markets are also have a downward slope. The tables are self speaking:

Let start with the comparison table first.

The following table shows for the materials that are categorized at the “IME” (Iran Mercantile Exchange) website under the “polymer” sector, all indices have been positive and growing. Though, in comparison with the two weeks ago, at least in supplies, part it shows a small decline.

Comparison table for polymer markets in Iran for the last 2 weeks
 Sept. 23rd-28th 2017Sept. 30th –Oct. 5th Deviation (+ / -)
Total Offers (tons)

57.335

64.400

+7.065

Total Demands (tons)

104.462

117.185

+12.723

Trade Volume (tons)

40.500

50.742

+10.242

Based on the table, more than 7000 tons of higher supply, although, is not considerable for a demand figure of  more than 117,185 tons registered for materials, but the trade volume (50.742 tons) that is about 13,635 tons less than that of the supplied materials, shows uncertain demands. In fact, the amount of demands registered for the week has not been the exact needs of the converters. The brokers feeling that they can earn more money than the converters usually register for more potential materials and make the market of that material more competitive with increased prices.

However, different controlling offices manipulating and monitoring the brokers’ actions, have shown that they are going to have the full control of the market by looking closer to the true demands and a balanced offer by the petrochemical units. Such an optimistic control of the market via IME in cooperation with the PDID Office of NPC and the National Competitive Council, will gradually results in more fair domestic materials; distribution via the IME.

The following table, still not the table of the whole polymer market trade volumes, show the materials with a decreased supply in comparison with its former week:

Materials

(A-Z)

Supply (tons)

Sept. 23nd-28th

Supply (tons)

Sept. 30th – Oct. 5th

Demand (tons)

Sept. 30th – Oct. 5th

Total Trade Volume (tons)Supply /Demand Difference

(tons)

EPS (Normal)4003001010-100
HDPE (Blowing) 0035, BL3, B 82005202456815201206-634
HDPE (Film), EX5, F7000, HF 51102024397133662981-1947
HDPE (Rotational) 3840 UA800750370230-50
LDPE (Film) 0075, 0190, 0200, 2100 TN00, 2102 TX00, 2420D, F3, H, LP04707277544633442832-1831
LLDPE 0209AA, 22B013440256060602560-880
PET Bottle Grades 732, 781, 785, 821, 825              60285104310535116-928
PVC Emulsion 6834`220308110110-88
PVC Sus. S50, 65, 7010248661460244284-3634

Totals

35.639

29.62151.85719.329-10.092

As shown in the table above, only the materials have been evaluated that its supply by the petrochemical units to the IME has been less than a week earlier in this table. Accordingly, the total lack of offered commodities for the stock exchange, has been recorded for nearly 51.857 registered demands, amounting to 10292 tons less supply than the earlier week. Now, if consider the volume of the traded supplies by the petrochemical units, we realize that if the value of the demanded applications were true, at least the amount of materials that was purchased for this material group should have been 29621 tons, however, that show the opposite figures. This reflects the role of intermediaries involved in the stock trading, that, they themselves are not really producers.

The following table, finally, shows this week’s ODV index of PIMI Portal for whatever commodity that is categorized as “polymer” under the rules of IME.

Materials

(A-Z)

Supply (tons)

Sept. 23nd-28th

Supply (tons)

Sept. 30th – Oct. 5th

Demand (tons)

Sept. 30th – Oct. 5th

Total Trade Volume (tons)Supply variation

(tons)

ABS N5010010025250
ABS N75  7070000
ABS 01500801010+80
Epoxy Resin (LE6)  535318180
Epoxy Resin Solid

(in Xylene)

5353000
EPS (Normal)4003001010-100
EPS (FR)6401040200200+400
GPS 1540, 1551, MP081200000-1200
HDPE (Blowing) 0035, BL3, B 82005202456815201206-634
HDPE  (Extrusion) EX3, 48BF72084322457083224+1140
HDPE (Film), EX5, F7000, HF 51102024397133662981-1947
HDPE (Injection) 54B04UV, 62N07UV, 5218`2454453726522278+2083
HDPE (Rotational) 3840 UA800750370230-50
HIPS400950430410+550
LDPE (Film) 0075, 0190, 0200, 2100 TN00, 2102 TX00, 2420D, F3, H, LP04707277544633442832-1831
LLDPE 0209AA, 22B013440256060602560-880
PBR 12201407140800+1
PET Bottle Grades 732, 781, 785, 821, 825              60285104310535116-928
PET Textile Grades SB TG641, 645,              65347634416040601100
Poly Propylene Film 525J??5604135915604+5604
Poly Propylene RP, EP, EPX, RPX, ZB, ZR              16242238235348034+584
Poly Propylene  Textile, Fibre              43787088146366934+2710
SBR Dark 1500, 17123994006464+1
SBR Bright 15023003003003000
PVC Emulsion 6834`220308110110-88
PVC Sus. S50, 65, 7010248661460244284-3634
Totals57.33564.400117.18550.742+7.065

Finally, at the end of the Iranian week (Thursday) the latest polymer prices have been registered for the free market according to the following table:

PVC S65 Ghadir = 40,200 [▫️0]
PVC S65 Arvand = 40,200 [▫️0]
PVC S65 Bandar = 40,500 [▫️0]
PVC S65 Ghadir kaf = 39,200 [▫️0]
PVC S65 Arvand kaf = 39,200 [▫️0]
PVC S65 Bandar kaf = 39,500 [▫️0]
ABS150 = 90,700 [?-300]
DOP Oil = 54,500 [▫️0]
HDPE Blowing 0035 = 47,100 [?-400]
EX5 Marun = 46,800 [?-200]
F7000 Mehr = 47,200 [?-200]
F7000 Ilam = 46,700 [?-300]
5110 = 46,800 [?-200]
Bl3 Jam = 47,000 [?-200]
Bl3 Bakhtar = 46,200 [?-100]
0075 = 51,800 [▫️0]
020 = 51,400 [?-200]
Lf190 = 51,000 [?-450]
52518 = 44,800 [?-100]
2420K = 49,500 [?-100]
2102 = 51,400 [?-100]
Lld209 Amir = 49,800 [?-400]
Lld209 Arak = 47,600 [?-100]
EX3 Amir = 56,600 [➕600]
EX3 Arak = 55,500 [➕300]
PE100 Maroun = 56,000 [▫️0]
Z30s Mar = 48,000 [?-500]
C30s = 47,500 [?-600]
3840 Tabriz = 46,100 [▫️0]
7240 = 63,800 [?-500]
1540 = 59,700 [?-400]
1551 = 57,900 [▫️0]
781 = 50,600 [?-100]
5030 = 69,000 [?-1000]
552R Jam = 47,000 [?-900]
552R Arak = 47,200 [?-800]
552R Maroun = 47,200 [?-800]
10415 = 95,000 [?-500]
548R = 52,200 [?-1300]
RP340 = 63,500 [?-500]
440L = 62,500 [➕9200]
N50 = 90,600 [?-400]
332C = 58,800 [?-800]

Related Topics:

Iranian Polymer Prices in-line with Global Economy Less $US Dependent

Double Demand for Polymers Answered With Lower Supply in Iranplast Week

At the Iranplast Week Almost Many Production Activities Affected

 

Iran Polymer Market Shows Development Signals of Converting Industry
Tagged on:         

Leave a Reply

Your email address will not be published. Required fields are marked *

*

}