Material Market Index in Iran

Material Market Index in Iran: Even several petrochemical plants in Iran which are producing polymers seem to be private, but, they are legally forced to sell their products in the “Stock Exchange” market, through “IME” (Iran Mercantile Exchange)

There has been a long time conflict between the Industrial Ministry and the Parliament + many industrial associations for the method of selling these polymers. So far, all polymers have to be announced with a bottom price at the “IME” offered by the members of the petrochemicals’ members of “NCC” (National Competition Council). Each week after checking the global situation, including oil a and polymer prices, the members of “NCC” offer a bottom prices for each polymers. Then, each polymer producers offer their possible capacity for the same week and usually their offers are announced about 24 hours before the opening day of dealing hall at the “IME”. Normally this happens two times a week, and at the they of exposing the materials, those who can offer better prices are those who can buy it for further selling by increased prices to small and medium size companies which never have enough cash or credit to purchase their needed materials at “IME”. In this regard, the true prices of polymers in Iran are affected by several factors, including the exchange rate of US$ to Rials per day.

PIMI Portal, in order to give a background about the material prices in Iran, will publish the prices at least two days a week, when there has been an exposition of a polymer stock at the “IME”. These prices are announced in a table like below within daily posts and the interested viewers can read and keep it for their future decisions to enter the Iranian Polymer market price.

After all, there are some deviations from what has been dealt with at the “IME” and PIM Portal, will try to reflex these price deviations on a daily basis since the 2nd half of April.

Notes:

  • There are three main US$ Prices in Iran: Official prices by Central Bank of Iran, Trading or Exchange prices allocated to licensee producers and free market prices. Here we note each day’s free market prices, because dealers sell with this price. The prices are written under each table for the same date;
  • Material prices and the amount of stocks announced to sell are for cash deals. At IME it is possible to buy for future that sometimes have different lower prices. Here we give the total amount ready for sale;
  • When there are several types of the same polymer announced for sale by different PC plants we have selected only few of it to shorten the table. The important case is for PVC that we give a lump sum figure for last two columns;
  • According to law, PC plants can export the extra amount of their materials which have not been sold at IME;
  • When a box is empty with “*” it means that it is the same as its above box;
  • The Bottom price is the price that is determined by an assembly controlled by “downstream industry office” of the NPC and advised to the “IME” official. Usually what is going to go on sale, is announced a couple of days sooner;
  • The abbreviations for the name of petrochemical complexes are alphabetically written in table 2
  • Both tables are sample tables which at the time of preparation may be faced with lack of some petrochemical plants or material names and grades. During weekly updating posts, they will be added. Also, if there will be no sale for some materials, their category will be erased.

Table 1: The market prices and volumes of deals for polymers based on purchases in Tehran Stock Exchange

The following table is a sample for Sun. March 5th 2017 and so there is no US$ price for it.

 Material

Name

Material

Application

Material

Grade

Producer

(PC Name)

Base Offered

Price

(Rials)

Max. Price

(Rials)

Last

Ave. Price

(Rials)

Offered

Supply

(Tons)

Demand

(Tons)

Vol. Sold

(Tons)

 HDPE
 

C

O

M

M

O

D

I

T

Y

P

L

A

S

T

I

C

S

 

 BlowingB0035BIPC
BL3JPC
BL3MPC
BlowingBL3PKPC
Injection54B04UVLPC
Injection62N07UVLPC
HI0500BIPC
52518JPC
Rotational3840UATPC
Rotational3840UASHPC
FilmF7000ILPC
MePC
HF5110ASPC
EX5PKPC
FilmEX5MPC
ExtrusionAK-EX3AKPC
J-EX3JPC
SH-EX3SHPC
PipeCRP100NMPC
LDPEFilm0075BIPC
0200
0190ASPC
0200
Film2100TN00LaPC
2102TX00LaPC
2420HAKPC
Film2420KAKPC
FilmLP0470KJASPC
LLDPEInjection0209AAAKPC
LLDPEInjection0209AASHPC
AS-1922TASPC
J-22501AAJPC
SHPC
Blowing22B01MAPC
22B02MAPC
PP
 FilmHP525JMPC
 FilmHP525JJPC
 FilmZH525JNZC
PP
 Blowing22B02MAPC
PP
 InjectionEP548RPPJPC
EPX3130UVPPJPC
RP340RPPJPC
ZH500MNZC
InjectionZH515MANZC
ZR230CNZC
ZB332CNZC
PP
 Medical730GASHPC
PP
 TextileZR340RNZC
TextileZH552RNZC
TextileC30SMPC
TextileHP502PPPJPC
HP510LPPJPC
TextileHP500JMPC
TextileHP550JJPC
M-HP552RMPC
SH-HP552RSHPC
PPJ-HP552RPPJPC
TextileRG1102LRPC
TextileRG1102XKRPC
RG1102XLRPC
SF060PNPC
TextileV30SSHPC
Z30GMPC
Z30SMPC
TextileZ30SSHPC
ZH550JNZC
PVC
 SuspensionS57ABPC
S60BIPC
S65ARPC
S65BIPC
S65ABPC
S70BIPC
PVCEmulsionE6834ARPC
EPSFormingEPS200TPC
EPS300
EPS400
Fire RetardantSE050SAPC
 SE250SAPC
 SE350SAPC49000490004900004040
 SE1000BanPC
 SE2000BanPC
 SE3000BanPC
 SE4000BanPC
 SE FineSAPC
PSGPS1540TPC
1551TJPCP
MP08MOPC
HIPSInjection4512MBIGPC
7240TPC
 
  
 BG821TPC
E

N

GIN

E

E

R

I

N

G

ABS
 InjectionT0150TPC
ABSInjectionGB-50GBPC
GB-75
PETBlowingBG732TGPC
PET

 

 

 

 

BlowingBG781TGPC
BG785
BG821
BlowingBG841TGPC
BG825
BG845
PET

 

 

FibreSB-TG641
TG641
TG645
  
R

U

B

B

E

R

S

SBR

 

Rubber Ind.1500 DarkBIPC
1500 Light
1502 Light
1502 LightTJPC
1712 DarkBIPC
1712 DarkTJPC
PBRRubber Ind.1220TJPC
ETC 
 Epoxy ResinsLiquidE06SPLKHPC
 Solid in XyleneKHPC

Table 2: The main name of PC plants for abbreviations

Table 2: The main name of PC plants for abbreviations

Abbr.NameWebsite
ABPCAbadanhttp://www.abadan-petro.com
AKPCAmir Kabirhttp://www.akpc.ir
ARPCArvand PVChttp://arvandpvc.ir
BPCBandar Imamhttp://bipc.org.ir

http://iranpetrotech.com

BanPCBanyarwww.baniar-polymer.om
ILPCIlamhttp://www.ilampetro.com
JPCJamhttp://www.jpccomplex.ir
GhPCGhadirhttp://www.ghpc.ir
GBPCGhaed Basirhttp://www.gbpc.net
KHPCKhooyestahttp://kzpc.ir/fa/p/epoxy_resin_59
LPCLorestanhttp://lpc.co.ir
MAPCMahabadhttp://www.mapc.ir
MePCMehrhttp://mehrpc.com
MPCMarunhttp://www.mpc.ir
NZCNavidZarChimihttp://navidzarchimi.com
PNPCPolyNarhttp://polynar.com
RPCRejalhttp://www.rejalpetro.com
SAPCSahand EPShttp://www.petromole.com/
SHPCShazandhttp://arpc.ir
TGPCTondgooyanhttp://www.stpc.ir
TJPCTakhte Jamshidhttp://www.tjpc.ir
TJPPCTakhte Jamshid Parshttp://www.tjpa-pc.com/en/home
TPCTabrizhttp://tpco.ir