Share

Iran, Materials, News

Daily Monitor: US$ Value Increase Affected all Polymers

Daily Monitor: US$ Value Increase Affected all Polymers

Written By : mehrdadk
Reading time : 4 minutes

242

36

Daily Monitor: US$ Value Increase Affected all Polymers
                  Dec. 10th, 2017

Like every Sunday, prices for polymer products were announced by the PDID office of NPC, which showed that the prices of all polymer materials were upward.

The highest increase was observed for SBR and polystyrene products, and so the SBR commodity recorded the highest price increase of 3074 Rls. and its price reached to 60.900 Rls. By the US$ value exchange on today’s closing market for 1 US$ for 42070 Rials, the price of SBR now is about 1.45 US$/Kg.

By continuous increase in the US$ value it is expected that the brokers and market intermediaries and manipulators try to only buy and stock the materials and so the hard days for converters could be expected.

Also, the GPS faced with 2.312 Rials increase and HIPS experienced the price increase of 2.045 Rls. Other commodities such as EPS and pipe and extrusion types of Polyethylene have experienced increase of more than 800 Rials per Kg.

The slightest price increase was recorded for PE film grades with an increase of 51 Rls. due to the drop in prices for this product at the global markets. Other commodities have also experienced a rising dollar appreciation.

US Dollar rate: The dollar base rate for price definitions was suggested at 41.643 Rials, which shows an increase of 515 Rials (+1.3% compared to the 41.128 Rials for last week). This US$ price increase affected the prices of the majority of polymers.

NOTE: Even this news and analysis are only for paid subscribers (pro-members) but according to a new decision it will be free for all users and subscribers.

Table 1: Official prices at the IME’s petrochemical hall on Sat. Dec. 9th 2017.

Commodity Symbol Base Offering Price (IRR) Closing Average Price Offering (Tone) Demand  (Tone) Trade Volume  (Tone)
EPS R200 ENPC-PSSER200J-00 60,000 100 10 0
EPS R310 ENPC-PSSER310J-00 60,000 100 0 0
EPS SE1000 BAN-PSESE1000J-00 62,733 100 0 0
EPS SE2000 BAN-PSESE2000J-00 62,733 100 0 0
EPS SE3000 BAN-PSSE3000J-00 62,733 100 0 0
EPS SE3000 BAN-PSSE4000J-00 61,583 100 0 0
Extrusion PP C30S MPC-PPC30SL-00 47,223 47,223 198 198 198
GPS MP08 MPG-PSGPMP08L-00 57,500 100 0 0
HDPE BL3 MPC-HDBL3L-00 44,542 44,542 66 66 66
HDPE CRP100N SHPC-HDCRP100NWP-00 53,676 53,676 0 380 380
HIPS 4512 MBIG- PSHIPS4512L-00 58,960 200 0 0
PET BG781 PTC-PETBG781J-00 47,282 47,282 484 330 154
PET BG781 PTC-PETBG781J-00 47,282 47,282 0 176 176
PET-BG-821 PTC-PETBG821J-00 49,527 49,527 0 88 88
PET-BG-821 PTC-PETBG821J-00 49,527 49,527 330 198 110
PBR-1220 SHPC-PBR1220WWP-00 60,248 60,248 0 161.28 161.28
PET Textile GRADE641 PTC-PETTG641J-00 39,453 39,453 748 748 748
PP EP2X83CE SHPC-PPEP2X83CEWP-00 46,707 46,707 0 240 240
PP  Z30S MPC-PPZ30SL-00 45,492 45,492 220 220 220
PVC  E6832 ARCO-PVCE6834PP-00 35,601 35,601 110 110 110
Flame Retarding PS F100 ENPC-PSSEF100J-00 62,000 62,000 300 130 130
Flame Retarding PS F200 ENPC-PSSEF200J-00 62,000 62,000 300 120 120
Solid Epoxy Resin in Xylene E1-75 KZPC-ERE1X75SSG-603 81,200 44 0 0

As you will see at the next table, the commodity prices started to raise in prices just hours after the new price declarations for the week ending to Dec. 17th, 2017.

Table 2: Free market prices according to our best knowledge from the market manipulators. 

PVC S65 Ghadir = 43,800 [➕150]
PVC S65 Arvand = 44,000 [▫️0]
PVC S65 Bandar = 44,000 [▫️0]
PVC S65 Ghadir= 42,800 [➕150]
PVC S65 Arvand= 43,000 [▫️0]
PVC S65 Bandar= 43,000 [▫️0]
PVC S65 Off3 Arvand= 23,200 [➕200]
PVC E68 Off3 Arvand= 22,500 [➕500]
PVC E68 Off3 Arvand= 21,500 [➕500]
HDPE Blowing 0035 = 52,500 [➕1000]
EX5 Jam = 52,150 [➕350]
EX5 Marun = 52,000 [➕300]
F7000 Mehr = 52,150 [➕450]
F7000 Ilam = 51,950 [▫️0]
5110 = 51,700 [➕300]
Bl3 Jam = 51,500 [➕900]
Bl3 Marun = 50,700 [➕700]
Bl3 Bakhtar = 51,200 [➕1300]
0075 = 54,400 [➕600]
020 = 54,400 [➕400]
Lf190 = 54,000 [➕150]
52518 = 47,200 [▫️0]
Hi500 = 46,100 [➕200]
2102 = 54,500 [➕700]
Lld209 Amir = 52,800 [➕400]
Lld209 Arak = 51,600 [➕200]
22B02 off MAHABAD = 49,300 [➕300]
EX3 Amir kaf = 60,000 [▫️0]
CRP 100 Shazand = 61,000 [➕800]
CRP100 Maroun = 61,000 [➕900]
CRP100 Jam = 61,000 [➕900]
PE80 ilam = 60,000 [➕900]
PE 80 ilam Kaf = 59,400 [➕700]
Z30s Mar = 52,800 [➕500]
C30s = 55,000 [▫️0]
3840 Tabriz = 47,200 [?-300]
7240 = 69,000 [➕700]
1540 = 67,000 [➕1700]
781 = 56,400 [➕1000]
821 = 57,200 [➕700]
5030 = 57,800 [?-100]
552R Jam = 52,700 [➕700]
552R Arak = 52,700 [➕500]
552R Maroun = 52,700 [➕500]
510L Jam = 55,600 [➕1600]
550J Jam = 54,800 [➕200]
R60 = 77,500 [➕500]
548R = 56,000 [➕400]
440L = 56,000 [▫️0]
MR230 = 57,600 [➕200]
ZR230 = 57,500 [➕100]
332C = 62,800 [➕600]
BL3 Bakhtar = 50,000 [▫️0]
ABS N50 = 95,000 [➕800]
ABS N150 = 99,000 [➕2500]
R40 Arak = 62,600 [?-400]

Leave a Reply

Click the following banner, and find your Italian Made Machinery in 8 languages.

More for You