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