Iran’s Unrest had no Effect on Growth of Polymer Market

Iran's Unrest had no Affect in Growth of Polymer MarketDuring this week (Dec. 30th, Jan. 4th.) though there were some unrest in some areas of Iran (not disclosed well) the trading of petrochemicals continued and was not diversely affected neither by the riot news nor by fast increasing the value of US$ exchange rate at the market. This analysis shows how the market faced even with a growth of about 7.875 tons in volume and 473.173 million Rials in value.

This week, though there was the new year’s week and many Christian Iranians (Armenians mainly that are also involved in plastics industry’s machine manufacturing were closed for their new year’s holiday), and when the unrest started, the free market value of US$ was around 42110 Rials and gradually increased up to 43.910 Rials. (Ref: IME website)There was a suggestion that may be due to both concurrent the market would be declined. But this didn’t happen, may be due to fears of further increase in the price of foreign currencies and also lack of enough offers and supplies for some grades. In this regard 39 commodities were sold at the competitive prices (shown by red letters at the following table).

Furthermore due to limitations in the social media the control of the free market was practically not possible.

CommoditySymbolBase Offering Price (IRR)Closing Average PriceOffering (Tons)Demand (Tons)Trade Volume (Tons)
1502 SBRIPC-LSBR1502MP-0059,57859,578504294294
1712 SBRTJPC-DSBR1712MP-0055,73355,733294210210
ABS SD0150TABC-ABSSD0150PP-0089,99089,9902008080
EPS 400CTABC-PSE400CJ-0057,15657,1562001010
EPS E200TABC-PSE200J-0058,82058,8202004040
EPS E300CTABC-PSE300J-0058,82058,82020010090
EPS SE1000BAN-PSESE1000J-0063,64463,644100100100
EPS SE2000BAN-PSESE2000J-0063,64463,644200100100
EPS SE2000BAN-PSESE2000J-0063,64463,6440100100
Extrusion PP C30SMPC-PPC30SL-0044,29848,867143040481430
FIRE RETARDING PS F100ENPC-PSSEF100J-0062,00050000
FIRE RETARDING PS F200ENPC-PSSEF200J-0062,00050000
FIRE RETARDING PS F300ENPC-PSSEF300J-0062,00010000
FIRE RETARDING PS F400ENPC-PSSEF400J-0058,5005000
GPS 1540TABC-PSGPPS1540PP-0059,20959,823650950650
HDPE 0035IPC-HDHB0035PP-0046,03646,452300035203000
HDPE 52511JPC-HD52511PP-0042,66842,6683302222
HDPE 52511JPC-HD52511PP-0042,66842,6680308308
HDPE 52518JPC-HD52518PP-0042,66843,262300350823003
HDPE 62N07LOR-HD62N07WP-0042,66842,668240240240
HDPE 62N07UVLOR-HD62N07UVWP-0043,41443,4140144144
HDPE 62N07UVLOR-HD62N07UVWP-0043,46124000
HDPE 7000FMEPC-HD7000FWP-0046,68046,68002222
HDPE 7000FILPE-HD7000FWP-0046,73047,550101227501012
HDPE 7000FMEPC-HD7000FWP-0046,73047,684121028821210
HDPE 8200BILPE-HDPE8200BWP-0046,03646,0360132132
HDPE BL3JPC-HDBL3PP-0046,03646,636101216391012
HDPE CRP100NSHPC-HDCRP100NWP-0054,84154,841150015201500
HDPE CRP100NMPC-HDCRP100NL-0054,84154,841012101166
HDPE EX3PAM-HDEX3L-0054,30955,098200032202000
HDPE EX5KEPE-HDEX5WP-0046,73046,730960960960
HDPE HF5110ASPC-HDHF5110WP-0046,73047,4419901760990
HDPE POWDER EX5KEPE-HDEX5PWDJ-0045,32840000
HIPS 4512MBIG- PSHIPS4512L-0059,76020000
HIPS 7240TABC-PSHIPS7240PP-0062,64163,040750900750
LDPE 1922TASPC-LDEP1922TWP-0048,02348,555110220110
LDPE 2100TN00LPC-LD2100TN00WP-0051,95251,9520210210
LDPE 2102TX00LPC-LD2102TX00WP-0047,22947,2290792792
LDPE 2102TX00LPC-LD2102TX00WP-0047,22947,229990244220
LDPE 2420E02KRD-LD2420E02WP-0047,22947,229240240240
LDPE 2420HPAM-LD2420HPP-0047,22947,229220022222200
LDPE LF0190ASPC-LDLF0190WP-0047,22947,9029901540990
LDPE LF0200IPC-LDLF0200PP-0047,22948,580100019901000
LDPE LH0075IPC-LDLH0075PP-0047,22948,713100021501000
Liquid Epoxy Resin E06KZPC-ERE06LSPLG-603111,200111,20035.24435.2
LLDPE 209AAPAM-LLD0209AAPP-0044,55647,683154049721540
LLDPE 22501AAJPC-LLD22501AAPP-0044,55644,556506606606
LLDPE 22B02MAPE-LLD22B02WP-0044,55644,556960288288
LMDPE 3840UATABC-MD3840UAPP-0044,58845,149700960700
Natural ABS 50GBPC-ABS50NWP-0089,99010000
Natural ABS 75GBPC-ABS75NWP-00105,6407000
PBR -1220TJPC-PBR1220MP-0063,10521000
PBR -1220SHPC-PBR1220WWP-0063,105100800
PET BG731PTC-PETBG731J-0044,18944,710286572286
PET BG781PTC-PETBG781J-0044,57845,413129830911298
PET BG781PTC-PETBG781J-0044,95544,955154154154
PET BG785PTC-PETBG785J-0043,24043,954101216171012
PET BG825PTC-PETBG825J-0045,39845,398462814462
PET HomBright TG641PTC-PETTGHB641J-0042,05442,05419815444
PET Super Bright TG641PTC-PETTGSUB641J-0041,72142,591418880418
PET Super Bright TG641PTC-PETTGSUB641J-0042,59142,591888888
PET Textile Grade 641PTC-PETTG641J-0040,12840,128506506506
PET TG641 MODPTC-PETTG641MODJ-0040,22840,228250815401540
PET TG645PTC-PETTG645J-0038,92438,9240132132
PET TG645PTC-PETTG645J-0038,92438,924250821232123
PET-BG-821PTC-PETBG821J-0046,72846,728888888
PET-BG-821PTC-PETBG821J-0046,77946,779250818151793
PP C30GMPC-PPC30GL-0044,29848,447198726198
PP EP440LJPPC-PPEP440LWP-0049,93349,999330374330
PP EP548RJPPC-PPEP548RWP-0049,93350,374440792440
PP EPX548TJPPC-PPEPX548TWP-0050,96411000
PP HP510LJPPC-PPHP510LWP-0044,29848,777149642681496
PP HP552RJPPC-PPHP552RWP-0044,29848,2589022156902
PP HP564SJPPC-PPHP564SWP-0046,28246,282484484484
PP MR332CMPC-PPMR230CL-0049,93351,9045501694550
PP PYI250PNCO-PPPYI250J-0044,29847,8299031365903
PP RG1102XKRJCO-PPRG1102XKJ-0044,29848,8765251470525
PP RG1102XLRJCO-PPRG1102XLJ-0044,29849,1682941176294
PP RPX345SJPPC-PPRPX345SWP-0052,51253,301308550308
PP Z30GMPC-PPZ30GL-0044,29847,923264748264
PP Z30SMPC-PPZ30SL-0044,29848,224132026621320
PP Z30SSHPC-PPZ30SWP-0044,29848,1967001580700
PP ZH515MANZCH-PPZH515MAJ-0046,87749,974126441126
PP ZR230CNZCH-PPZR230CJ-0049,93351,404315777315
PP ZR340RNZCH-PPZR340RWP-0051,12351,123286286286
PP ZR348TNZCH-PPZR348T1WP-0052,51222000
PP-552RNZCH-PPZH552RJ-0044,29847,872315546315
PVC E6832ARCO-PVCE6834PP-0037,40237,40266132132
PVC E6832ARCO-PVCE6834PP-0037,44237,44204444
PVC S57APCO-PVCS57WP-0038,13539,389500820500
PVC S65GPC-PVCS65J-0034,66935,261100017001000
PVC S65ARCO-PVCS65PP-0034,66934,6690740740
PVC S65GPC-PVCS65PP-0034,66936,1604841782484
PVC S65GPC-PVCS65J-0035,61335,613200200200
PVC S65ARCO-PVCS65J-0033,97633,976500720120
PVC S65IPC-PVCS65PP-0034,66935,774301441583014
PVC S65APCO-PVCS65WP-0034,66934,669300833022648
Raphia PP RP270GSHPC-PPRP270GPP-0049,93340000
SBR 1712TJPC-DSBR1712RWP-0055,73355,733100.8100.8100.8
Solid Epoxy Resin In XYLENE E1-75KZPC-ERE1X75SSG-60384,20084,200105.626.426.4
Iran’s Unrest had no Effect on Growth of Polymer Market
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