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

 

  Blowing B0035 BIPC            
BL3 JPC            
BL3 MPC            
Blowing BL3 PKPC            
Injection 54B04UV LPC            
Injection 62N07UV LPC            
HI0500 BIPC            
52518 JPC            
Rotational 3840UA TPC            
Rotational 3840UA SHPC            
Film F7000 ILPC            
MePC            
HF5110 ASPC            
EX5 PKPC            
Film EX5 MPC            
Extrusion AK-EX3 AKPC            
J-EX3 JPC            
SH-EX3 SHPC            
Pipe CRP100N MPC            
                   
LDPE Film 0075 BIPC            
  0200            
  0190 ASPC            
  0200            
Film 2100TN00 LaPC            
2102TX00 LaPC            
  2420H AKPC            
  Film 2420K AKPC            
  Film LP0470KJ ASPC            
LLDPE Injection 0209AA AKPC            
LLDPE Injection 0209AA SHPC            
AS-1922T ASPC            
J-22501AA JPC            
SHPC            
Blowing 22B01 MAPC            
22B02 MAPC            
PP                  
  Film HP525J MPC            
  Film HP525J JPC            
  Film ZH525J NZC            
PP                  
  Blowing 22B02 MAPC            
PP                  
  Injection EP548R PPJPC            
EPX3130UV PPJPC            
RP340R PPJPC            
ZH500M NZC            
Injection ZH515MA NZC            
ZR230C NZC            
ZB332C NZC            
PP                  
  Medical 730GA SHPC            
PP                  
  Textile ZR340R NZC            
Textile ZH552R NZC            
Textile C30S MPC            
Textile HP502P PPJPC            
HP510L PPJPC            
Textile HP500J MPC            
Textile HP550J JPC            
M-HP552R MPC            
SH-HP552R SHPC            
PPJ-HP552R PPJPC            
Textile RG1102L RPC            
Textile RG1102XK RPC            
RG1102XL RPC            
SF060 PNPC            
Textile V30S SHPC            
Z30G MPC            
Z30S MPC            
Textile Z30S SHPC            
ZH550J NZC            
PVC                  
  Suspension S57 ABPC            
S60 BIPC            
S65 ARPC            
S65 BIPC            
S65 ABPC            
S70 BIPC            
PVC Emulsion E6834 ARPC            
EPS Forming EPS200 TPC            
EPS300            
EPS400            
Fire Retardant SE050 SAPC            
  SE250 SAPC            
  SE350 SAPC 49000 49000 49000 0 40 40
  SE1000 BanPC            
  SE2000 BanPC            
  SE3000 BanPC            
  SE4000 BanPC            
  SE Fine SAPC            
PS GPS 1540 TPC            
1551 TJPCP            
MP08 MOPC            
HIPS Injection 4512 MBIGPC            
7240 TPC            
                   
                     
  BG821 TPC            
E

N

GIN

E

E

R

I

N

G

ABS                  
  Injection T0150 TPC            
ABS Injection GB-50 GBPC            
  GB-75            
PET Blowing BG732 TGPC            
PET

 

 

 

 

Blowing BG781 TGPC            
BG785            
BG821            
Blowing BG841 TGPC            
BG825            
BG845            
PET

 

 

Fibre SB-TG641            
TG641            
TG645            
                     
R

U

B

B

E

R

S

SBR

 

Rubber Ind. 1500 Dark BIPC            
1500 Light            
1502 Light            
1502 Light TJPC            
1712 Dark BIPC            
1712 Dark TJPC            
PBR Rubber Ind. 1220 TJPC            
ETC                    
  Epoxy Resins Liquid E06SPL KHPC            
  Solid in Xylene   KHPC          

Table 2: The main name of PC plants for abbreviations

Table 2: The main name of PC plants for abbreviations

Abbr. Name Website
ABPC Abadan http://www.abadan-petro.com
AKPC Amir Kabir http://www.akpc.ir
ARPC Arvand PVC http://arvandpvc.ir
BPC Bandar Imam http://bipc.org.ir

http://iranpetrotech.com

BanPC Banyar www.baniar-polymer.om
ILPC Ilam http://www.ilampetro.com
JPC Jam http://www.jpccomplex.ir
GhPC Ghadir http://www.ghpc.ir
GBPC Ghaed Basir http://www.gbpc.net
KHPC Khooyesta http://kzpc.ir/fa/p/epoxy_resin_59
LPC Lorestan http://lpc.co.ir
MAPC Mahabad http://www.mapc.ir
MePC Mehr http://mehrpc.com
MPC Marun http://www.mpc.ir
NZC NavidZarChimi http://navidzarchimi.com
PNPC PolyNar http://polynar.com
RPC Rejal http://www.rejalpetro.com
SAPC Sahand EPS http://www.petromole.com/
SHPC Shazand http://arpc.ir
TGPC Tondgooyan http://www.stpc.ir
TJPC Takhte Jamshid http://www.tjpc.ir
TJPPC Takhte Jamshid Pars http://www.tjpa-pc.com/en/home
TPC Tabriz http://tpco.ir