High Material Price Tolerances as the Elections Debates Get Warmer

High Material Price Tolerances as the Elections Debates Get Warmer: The fact that the “Bazzar” (The Iranian traditional business area in giant cities) is the main controller of the Iranian business, is a proven subject. The other proven subject is also the fact that the Bazzarians traditionally are the most anti-western policies and groups and also against liberalism. On the other hand, those who are called liberals and reformists are the groups that are pro western and believe to free trade rules. Now, the serious conflict between the supporters of the candidates who belong very sharply to both sides has affected the total Iranian markets and due to challenges about the ways that the President Rouhani’s Government (specially the Industrial Minister) dealt with petrochemicals, the polymer market is under the shadow of predictions of the business people for the man who will be the next President.

Before read the text about the above lead please note that the exchange price of US$ at the free market for today was 37580 Rials.

Table 1: The volumes of polymers purchased at “IME” on Monday May 8th, 2017. 1US$= 37580 Rilas

Back to the news lead, for example, every morning when the public opinions are in favour of Mr. Rouhani and his men, the markets have one shape and the other day, when the community thinks that the next prsident would be the one who acts like President Ahmadi-Nehjad, the Bazzar has the other shape. However, it is for the first time in all these years that the presidential elections has had such an impact over the polymer market.

Within few days, PIMI will also provide a daily table of changes in the market prices of the polymers according to te daily events. We hope that after the election, PIMI would return back to its last 16 months policies (not paying attention to politics and the political issues) but at this moment we to look carefully to the market in favour of our viewers and unfortunately these days the politics is binded with economy.

Table 2: The main name of PC plants for abbreviations