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Chess Game Between Officials and Market Manipulators Over Polymer Prices

Chess Game Between Officials and Market Manipulators Over Polymer Prices

Written By : Editorial
Reading time : 8 minutes

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Today, Sat. Aug. 24th is the 2nd day of the new Iranian month (Shahrivar) and it means that we may have a look at the last free market prices as well as the total trades during last month.

Considering the hot days of the 2nd month of summer, it could have been expected that those dealing with PET (material dealers, preform and bottle producers, and the total trade volumes) should have had a very booming market due to higher consumption of drinking water and summer holidays’ needs. But the figures show that the market went through a recession period; not only for PET but also for other materials and productions.

Other than this depressing condition, it seems that the market manipulators and the officials have started a new round of chess game for the market adjustment. The following prices which shows today’s free market deals and price fluctuations can help to foresee another downturn trend for tomorrow’s price announcements. As the colours show the number of materials with decreased prices are more than those with increased prices. Up or down, the price changes are marginal and almost negligible and this means that everybody in the market is dealing conservatively with this condition.

The low number of trades (22 times) at the IME hall also is another witness for the conservative market of polymer materials.

The following prices are the free market prices before tomorrow’s base price announcement. The green figures show decreased prices, the red the increased ones. While, the black figure is showing the prices that remained constant, all in comparison with last Saturday free market prices (Click Here)

Type Grade Producer Price (Rls.)

17.08

Price (Rls.)

24.08

ABS 10415 Tabriz Petrochemical 236000 227000
ABS 10417 Abtak Petrochemical   217000
ABS ABS150 Tabriz Petrochemical   170000
ABS N50 Ghaed Basir 195000 196000
DOP Oil DOP Oil    
HDPE HI500 Bandar Imam Petrochemical 113800 114000
HDPE 3840 Tabriz Tabriz PC 106000 102000
HDPE 3840UA Shazand (Arak) PC 106000 102000
HDPE Blown 0035 Bandar Imam Petrochemical 114500 113200
HDPE Blown BL3 Jam Jam Petrochemical 114800 114000
HDPE Blown BL3 Bakhtar Bakhtar Petrochemical 113800 113200
HDPE Blown BL3 Marun Marun Petrochemical 113800 113200
HDPE Extrusion EX3 AmirKabir AmirKabir Petrochemical 126700 125500
HDPE Extrusion CRP100N Marun Petrochemical 129000 128000
HDPE Extrusion CRP100 Marun Marun Petrochemical 128500 128000
HDPE Extrusion CRP100B Arak Arak Petrochemical   146000
HDPE Extrusion EX5 Jam Jam Petrochemical 115000 115000
HDPE Extrusion EX5 Bakhtar Bakhtar Petrochemical 113500 113700
HDPE Extrusion EX5 Marun Marun Petrochemical 113200 113700
HDPE Film F7000 Mehr Mehr Petrochemical 115000 113600
HDPE Film F7000 Ilam Ilam Petrochemical 114200 113000
HDPE Film 5110 Arya Arya Petrochemical 115000  
HDPE Film 52518 Jam Petrochemical 104000 102000
HDPE injection 60507 Jam Petrochemical    
HDPE injection 62N07 Lorestan Petrochemical 106800 106500
HIPS HIPS 7240 Tabriz Petrochemical 189000  
LDPE Film LF190 Aryasasoul 117800 118000
LDPE Film LH 0075 Bandar Imam PC 120000 118000
LDPE Film LH 020 Bandar Imam Petrochemical 119000 118500
LDPE Film 2420E02 AmirKabir Petrochemical 117700 118000
LDPE Film 2420H AmirKabir Petrochemical 118500 118400
LDPE Film 2420D Kosar Petrochemical 119000 119200
LDPE Film 2102TX00 Lale Petrochemical 117500 118000
LLDPE LLD 209 Amir AmirKabir Petrochemical 113000 114200
LLDPE LLD 22B03 Mahabad Mahabad Petrochemical 112800  
LLDPE LLD 22b02 Mahabad Mahabad Petrochemical 112800 113300
LLDPE LLD 22b01 Mahabad Mahabad Petrochemical    
LLDPE LL 0209KJ Tabriz Petrochemical 113700 114000
LLDPE 1922T lale Lale Petrochemical 119500 117000
LLDPE 1922T Arya Arya Petrochemical 119500  
PET PET-BG781 Tondgooyan Petrochemical 139000  
PET PET-BG785 Tondgooyan Petrochemical 139000  
PET PET-BG825 Tondgooyan Petrochemical 139000  
PP R40 Arak Arak Petrochemical 185000 182000
PP RG 1102 XK Regal PC    
PP X30G Marun PC 131500 130000
PP X30S Marun PC 131500 130000
PP Fibre C30G Marun Marun Petrochemical    
PP Fibre SF 060 Polynar    
PP Fibre ZH 515MA Navid Zar Chemical 155000  
PP Fibre Z30S Marun Marun Petrochemical 132800 132500
PP Fibre C30S Marun Marun Petrochemical 133000 133000
PP Fibre Z30s Ar Arak Petrochemical 132800 132500
PP Fibre 552R Jam Jam Petrochemical 132800 132700
PP Fibre 552R Marun Marun Petrochemical 132800 132700
PP Fibre 552R Arak Arak Petrochemical 132800 132700
PP Fibre 552R Navid Navid Petrochemical 132800 132700
PP Injection 548R Jam Jam Petrochemical   157000
PP Injection ZB 440L Navid Zar Chemical   145000
PP Injection ZB 548 R Navid Zar Chemical 161000 157000
PP Injection MR230 Marun Petrochemical 213000 210000
PP Injection ZR230 Navid Zar Chemical 207000 196000
PP Injection EP1X30F Hamco PC 131500 130000
PS GPPS TJPS G1551 Takhte Jamshid PC   127500
PS GPPS GPPS 1540 Tabriz Petrochemical 136500 128300
PS HIPS HIPS 7240 Tabriz Petrochemical   235000
PVC S65 PVC S65 Arvand Arvand Petrochemical 100500 100500
PVC S65 PVC S65 Bandar Bandar Imam Petrochemical 100500 100800
PVC S65 PVC S65 Ghadir Ghair PC    

The following table shows the deals in IME hall on Sat. Aug. 24th. 2019

Commodity Symbol Min. Price (Rls.) Max. Sold (Price) Offering Volume (tons) Demand Volume (tons) Trading Volume (tons)
Epoxy Resin KZPC-EREPIRAN011PWP-00 290,000 290,000 60 30 30
HDPE 62N07UV LOR-HD62N07UVPP-00 90,181 90,181 0 24 24
HDPE 7000F ILPE-HD7000FWP-00 97,094 97,094 0 44 44
HDPE 7000F MEPC-HD7000FWP-00 97,094 97,094 0 44 44
HDPE BL3 KEPE-HDBL3PP-00 96,729 96,729 0 24 24
HDPE BL3 MPC-HDBL3PP-00 96,729 96,729 0 22 22
LDPE 2420E02 KRD-LD2420E02WP-00 98,180 98,180 0 24 24
LDPE LF0200 IPC-LDLF0200PP-00 98,180 98,180 0 60 60
LLDPE 22B01 MAPE-LLD22B01WP-00 95,778 95,778 0 24 24
LLDPE 22B02 MAPE-LLD22B02WP-00 95,778 95,778 0 24 24
PBR -1220 TJPC-PBR1220MP-00 140,921 140,921 210 126 126
PBR -1220 SHPC-PBR1220WWP-00 140,921 140,921 504 181/44 181/44
PET  BG785 PTC-PETBG785J-00 115,488 115,488 0 44 44
PET BG781 PTC-PETBG781J-00 117,489 117,489 0 44 44
PET Super Bright TG645 PTC-PETTGSUB645J-00 103,240 103,240 0 154 154
PP Z30S MPC-PPZ30SWP-00 111,795 111,795 0 22 22
PVC E6832 ARCO-PVCE6834PP-00 90,018 90,018 132 110 110
PVC S60 IPC-PVCS60PP-00 91,361 91,361 0 22 22
PVC S65 ARCO-PVCS65PP-00 86,090 86,090 0 22 22
PVC S65 ARCO-PVCS65J-00 83,507 83,507 0 20 20
SPECIAL LIQUID EPOXY RESIN E06 KZPC-ERE06LSPLG-603 318,000 318,000 0 35/2 35/2
SPECIAL LIQUID EPOXY RESIN E06 KZPC-ERE06LSPLG-603 318,000 318,000 88 39/6 22

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