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.

Commodity Symbol Base Offering Price (IRR) Closing Average Price Offering (Tons) Demand (Tons) Trade Volume (Tons)
1502 SBR IPC-LSBR1502MP-00 59,578 59,578 504 294 294
1712 SBR TJPC-DSBR1712MP-00 55,733 55,733 294 210 210
ABS SD0150 TABC-ABSSD0150PP-00 89,990 89,990 200 80 80
EPS 400C TABC-PSE400CJ-00 57,156 57,156 200 10 10
EPS E200 TABC-PSE200J-00 58,820 58,820 200 40 40
EPS E300C TABC-PSE300J-00 58,820 58,820 200 100 90
EPS SE1000 BAN-PSESE1000J-00 63,644 63,644 100 100 100
EPS SE2000 BAN-PSESE2000J-00 63,644 63,644 200 100 100
EPS SE2000 BAN-PSESE2000J-00 63,644 63,644 0 100 100
Extrusion PP C30S MPC-PPC30SL-00 44,298 48,867 1430 4048 1430
FIRE RETARDING PS F100 ENPC-PSSEF100J-00 62,000 500 0 0
FIRE RETARDING PS F200 ENPC-PSSEF200J-00 62,000 500 0 0
FIRE RETARDING PS F300 ENPC-PSSEF300J-00 62,000 100 0 0
FIRE RETARDING PS F400 ENPC-PSSEF400J-00 58,500 50 0 0
GPS 1540 TABC-PSGPPS1540PP-00 59,209 59,823 650 950 650
HDPE 0035 IPC-HDHB0035PP-00 46,036 46,452 3000 3520 3000
HDPE 52511 JPC-HD52511PP-00 42,668 42,668 330 22 22
HDPE 52511 JPC-HD52511PP-00 42,668 42,668 0 308 308
HDPE 52518 JPC-HD52518PP-00 42,668 43,262 3003 5082 3003
HDPE 62N07 LOR-HD62N07WP-00 42,668 42,668 240 240 240
HDPE 62N07UV LOR-HD62N07UVWP-00 43,414 43,414 0 144 144
HDPE 62N07UV LOR-HD62N07UVWP-00 43,461 240 0 0
HDPE 7000F MEPC-HD7000FWP-00 46,680 46,680 0 22 22
HDPE 7000F ILPE-HD7000FWP-00 46,730 47,550 1012 2750 1012
HDPE 7000F MEPC-HD7000FWP-00 46,730 47,684 1210 2882 1210
HDPE 8200B ILPE-HDPE8200BWP-00 46,036 46,036 0 132 132
HDPE BL3 JPC-HDBL3PP-00 46,036 46,636 1012 1639 1012
HDPE CRP100N SHPC-HDCRP100NWP-00 54,841 54,841 1500 1520 1500
HDPE CRP100N MPC-HDCRP100NL-00 54,841 54,841 0 1210 1166
HDPE EX3 PAM-HDEX3L-00 54,309 55,098 2000 3220 2000
HDPE EX5 KEPE-HDEX5WP-00 46,730 46,730 960 960 960
HDPE HF5110 ASPC-HDHF5110WP-00 46,730 47,441 990 1760 990
HDPE POWDER EX5 KEPE-HDEX5PWDJ-00 45,328 400 0 0
HIPS 4512 MBIG- PSHIPS4512L-00 59,760 200 0 0
HIPS 7240 TABC-PSHIPS7240PP-00 62,641 63,040 750 900 750
LDPE 1922T ASPC-LDEP1922TWP-00 48,023 48,555 110 220 110
LDPE 2100TN00 LPC-LD2100TN00WP-00 51,952 51,952 0 210 210
LDPE 2102TX00 LPC-LD2102TX00WP-00 47,229 47,229 0 792 792
LDPE 2102TX00 LPC-LD2102TX00WP-00 47,229 47,229 990 244 220
LDPE 2420E02 KRD-LD2420E02WP-00 47,229 47,229 240 240 240
LDPE 2420H PAM-LD2420HPP-00 47,229 47,229 2200 2222 2200
LDPE LF0190 ASPC-LDLF0190WP-00 47,229 47,902 990 1540 990
LDPE LF0200 IPC-LDLF0200PP-00 47,229 48,580 1000 1990 1000
LDPE LH0075 IPC-LDLH0075PP-00 47,229 48,713 1000 2150 1000
Liquid Epoxy Resin E06 KZPC-ERE06LSPLG-603 111,200 111,200 35.2 44 35.2
LLDPE 209AA PAM-LLD0209AAPP-00 44,556 47,683 1540 4972 1540
LLDPE 22501AA JPC-LLD22501AAPP-00 44,556 44,556 506 606 606
LLDPE 22B02 MAPE-LLD22B02WP-00 44,556 44,556 960 288 288
LMDPE 3840UA TABC-MD3840UAPP-00 44,588 45,149 700 960 700
Natural ABS 50 GBPC-ABS50NWP-00 89,990 100 0 0
Natural ABS 75 GBPC-ABS75NWP-00 105,640 70 0 0
PBR -1220 TJPC-PBR1220MP-00 63,105 210 0 0
PBR -1220 SHPC-PBR1220WWP-00 63,105 1008 0 0
PET BG731 PTC-PETBG731J-00 44,189 44,710 286 572 286
PET BG781 PTC-PETBG781J-00 44,578 45,413 1298 3091 1298
PET BG781 PTC-PETBG781J-00 44,955 44,955 154 154 154
PET BG785 PTC-PETBG785J-00 43,240 43,954 1012 1617 1012
PET BG825 PTC-PETBG825J-00 45,398 45,398 462 814 462
PET HomBright TG641 PTC-PETTGHB641J-00 42,054 42,054 198 154 44
PET Super Bright TG641 PTC-PETTGSUB641J-00 41,721 42,591 418 880 418
PET Super Bright TG641 PTC-PETTGSUB641J-00 42,591 42,591 88 88 88
PET Textile Grade 641 PTC-PETTG641J-00 40,128 40,128 506 506 506
PET TG641 MOD PTC-PETTG641MODJ-00 40,228 40,228 2508 1540 1540
PET TG645 PTC-PETTG645J-00 38,924 38,924 0 132 132
PET TG645 PTC-PETTG645J-00 38,924 38,924 2508 2123 2123
PET-BG-821 PTC-PETBG821J-00 46,728 46,728 88 88 88
PET-BG-821 PTC-PETBG821J-00 46,779 46,779 2508 1815 1793
PP C30G MPC-PPC30GL-00 44,298 48,447 198 726 198
PP EP440L JPPC-PPEP440LWP-00 49,933 49,999 330 374 330
PP EP548R JPPC-PPEP548RWP-00 49,933 50,374 440 792 440
PP EPX548T JPPC-PPEPX548TWP-00 50,964 110 0 0
PP HP510L JPPC-PPHP510LWP-00 44,298 48,777 1496 4268 1496
PP HP552R JPPC-PPHP552RWP-00 44,298 48,258 902 2156 902
PP HP564S JPPC-PPHP564SWP-00 46,282 46,282 484 484 484
PP MR332C MPC-PPMR230CL-00 49,933 51,904 550 1694 550
PP PYI250 PNCO-PPPYI250J-00 44,298 47,829 903 1365 903
PP RG1102XK RJCO-PPRG1102XKJ-00 44,298 48,876 525 1470 525
PP RG1102XL RJCO-PPRG1102XLJ-00 44,298 49,168 294 1176 294
PP RPX345S JPPC-PPRPX345SWP-00 52,512 53,301 308 550 308
PP Z30G MPC-PPZ30GL-00 44,298 47,923 264 748 264
PP Z30S MPC-PPZ30SL-00 44,298 48,224 1320 2662 1320
PP Z30S SHPC-PPZ30SWP-00 44,298 48,196 700 1580 700
PP ZH515MA NZCH-PPZH515MAJ-00 46,877 49,974 126 441 126
PP ZR230C NZCH-PPZR230CJ-00 49,933 51,404 315 777 315
PP ZR340R NZCH-PPZR340RWP-00 51,123 51,123 286 286 286
PP ZR348T NZCH-PPZR348T1WP-00 52,512 220 0 0
PP-552R NZCH-PPZH552RJ-00 44,298 47,872 315 546 315
PVC E6832 ARCO-PVCE6834PP-00 37,402 37,402 66 132 132
PVC E6832 ARCO-PVCE6834PP-00 37,442 37,442 0 44 44
PVC S57 APCO-PVCS57WP-00 38,135 39,389 500 820 500
PVC S65 GPC-PVCS65J-00 34,669 35,261 1000 1700 1000
PVC S65 ARCO-PVCS65PP-00 34,669 34,669 0 740 740
PVC S65 GPC-PVCS65PP-00 34,669 36,160 484 1782 484
PVC S65 GPC-PVCS65J-00 35,613 35,613 200 200 200
PVC S65 ARCO-PVCS65J-00 33,976 33,976 500 720 120
PVC S65 IPC-PVCS65PP-00 34,669 35,774 3014 4158 3014
PVC S65 APCO-PVCS65WP-00 34,669 34,669 3008 3302 2648
Raphia PP RP270G SHPC-PPRP270GPP-00 49,933 400 0 0
SBR 1712 TJPC-DSBR1712RWP-00 55,733 55,733 100.8 100.8 100.8
Solid Epoxy Resin In XYLENE E1-75 KZPC-ERE1X75SSG-603 84,200 84,200 105.6 26.4 26.4
Iran’s Unrest had no Effect on Growth of Polymer Market
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