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Polymer Prices Growth Without a High Decrease in Forex Market

Polymer Prices Growth Without a High Decrease in Forex Market

Written By : mehrdadk
Reading time : 1 minutes

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Polymer Prices Growth Without a High Decrease in Forex MarketAfter “CBI“‘s decision for imposing a single rate for the Iran’s Forex market and fixing 1 US$ for Rials 42.000, the Sunday’s excitements for polymer prices cooled down because there were no gestures for US$ discovery prices. The result was announcement of a table from the PDID office of NPC for the new prices.

Shown at the following table, you can see the new prices with a lot of changes in comparison with the last table announced on April 8th., (Click Here). The noticeable point is that, though the US$ base price was felt down from the last price definitions (Rials 48.95 to 42.000), but some or better to say, more prices went up again.

According to this week’s prices the following points are noticeable:

PET, which seems to be completely in the hands of speculators, has seen the highest growth. Other types of PET grades represent also about 4.6% growth.

HIPS 7240 with 4% growth increased by to Rls. 67.138/Kg. An EPS  200, 300 and 00 grades, also experienced 3.4 growth. GPS 1540 grade also faced with  a 3% growth and its price defined as Rls. 64,745/ Kg.

Diverse film grades of PE faced with 1.8% and their prices reaches up to Rls. 47.880/ Kg. Also the blowing, film and extrusion grades of HDPE experienced Rls. 660 in comparison with thier latest price (+ 0.5%)

At the same time the bright type of SBR 1502 remained unchanged, and as it was possible to foresee, the rotational and injection types of HDPE faced with reduced prices. These materials by 3.1% reduction in their prices experienced the highest price decreases

 

Commodity April 15th.

2018

April 22nd

2018

Change

Amount

Change %
US$ Value 42000 42000 0 0
EPS 200 / 300 62933 65048 2115 +3.4
EPS 400 61152 63207 2055 +3.4
GPS 1540 62812 64745 1933 +3.1
HDPE Blowing (BL3 / 0035) 50466 51124 658 +1.3
HDPE Extrusion (EX3/PE80) 58996 59265 269 +0.5
HDPE Extrusion (PE100) 62198 62511 313 +0.5
HDPE Film (X5 / F7000) 50884 51124 240 +0.5
HDPE Injection (HI500 / 52518) 45530 44113 -1417 -3.1
HDPE Rotational 47579 46099 -1480 -3.1
HIPS 7240 64580 67138 2558 +4.0
LDPE Film (190 / 020 / 0075) 47032 47880 848 +1.8
LLDPE 209AA 45753 45693 -60 -0.1
PET Bottle G781 50161 52489 2328 +4.6
PET Bottle G785 48655 50914 2259 +4.6
PET Bottle G821 52637 55081 2444 +4.6
PET Bottle G825 51083 53455 2372 +4.6
PP Inj. (MR 230) 55645 55429 -216 -0.4
PP Textile (R552 / Z30S) 49979 49763 -216 -0.4
PVC  S7054 41187 40398 -789 -1.9
PVC S57 40094 39325 -769 -1.9
PVC S60 39365 38610 -755 -1.9
PVC S65 36449 35750 -699 -1.9
SBR Bright 1502 60481 60481 0 0
US$ Value 42000 42000 0 0

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