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Materials Prices Are Jumping Irrespective of The World Trend Due To US$ Value

Materials Prices Are Jumping Irrespective of The World Trend Due To US$ Value

Written By : Editorial
Reading time : 6 minutes

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This week, the average US$ value in Iran NIMA system rose by 1.41% which compensated the global polymer price drop in Iran and even some base polymer prices increased based on the decision of the PDID pricing committee.

This week, like several weeks behind, the were not decreasing and the prices slope was narrow. In the other word, for this week under the influence of the US$ value the prices had an increasing trend after a long time.
In light of this introduction, and looking at the US$ price rise of Rls. 1,514 and reaching its value to Rls. 108,999, let’s take a look at both sides of the market and look at the biggest ups and downs.
Incremental strain:
This week, especially with respect to the competitions in the uptrend market, the price differences for materials and commodity groups were very close and in the range of few percent.
This week, according to yesterday’s speculation, ABS, was the commodity group with the highest price increase. This commodity group gained 2.17% increase and its price reached to Rls. 133,558/Kg.

With reference to the following table (showing trading figures for the last week – Nov. 24-30) from 204 times of materials bids at the IME petrochemical hall, there were only 179 successful bids that ended to trade agreements. At this time span, the commodities like PP, HDPE and LDPE were the most interested materials for the buyers. Looking to the figures show that the following materials were atop of others for the one time purchases;

1- HDPE with 4,000 tons in one deal, with the offering price of Rls. 99,971 and closing price of 100,071 Rls. for all offered materials’

2- The TG645 grade of PET which had an offered volume of 5,016 tons and Rls. 85,869 offered price, that was traded for the same price and for only 3,960 tons of it;

3- A demand of 3.102 tons of LLDPE which was offered by about 6,358 tons Rls. 93,699 but had a trading volume of 3,102 tons for Rls. 94,052 which shows a mild competition. 

The following table shows all ODTv figures for material trading between Sun. Nov. 24th and Sat. Nov. 30th., 2019.

Commodity

Symbol

Min. Price (Rls.)

Sold Price (Rls.) 

Offering Volume (tons)

Demanding Volume (tons)

Trading Volume (tons)

ABS

TABC-ABSSV0157W2901PP-00

137,901

137,901

150

50

50

ABS

TABC-ABSSD0150PP-00

130,753

130,753

0

40

40

ABS N-50

GBPC-ABS50NWP-00

130,753

130,753

0

30

30

ABS N-50

GBPC-ABS50NWP-00

130,753

130,753

120

40

40

ABS SD0150

TABC-ABSSD0150PP-00

130,753

130,753

300

240

240

Epoxy Resin

KZPC-PGPC1012URZP-603

274,000

274,000

0

5

5

Epoxy Resin

KZPC-PGPC1012URZP-603

274,000

274,000

0

20

20

Epoxy Resin

KZPC-PGPC1012URZP-603

274,000

274,000

0

20

20

Epoxy Resin

KZPC-PGPC0407URZP-603

274,000

274,000

40

25

25

Epoxy Resin

KZPC-PGPC1012URZP-603

274,000

274,000

130

30

30

Epoxy Resin

KZPC-PGPC0710URZP-603

274,000

274,000

0

70

70

Epoxy Resin Liquid E06

KZPC-ERE06LSPLG-603

318,000

318,000

0

4/4

4/4

Epoxy Resin Liquid E06

KZPC-ERE06LSPLG-603

318,000

318,000

105/6

48/4

30/8

Epoxy Resin Liquid E06

KZPC-ERE06LSPLG-603

318,000

318,000

0

22

22

Epoxy Resin Solid E01X75LC

KZPC-ERE1X75LCG-603

265,000

265,000

0

8/8

8/8

Epoxy Resin Solid E01X75LC

KZPC-ERE1X75LCG-603

271,327

272,551

52/8

83/6

52/8

PBR -1220

SHPC-PBR1220WWP-00

141,386

144,886

322/56

766/08

322/56

PBR-1220

TJPC-PBR1220WWP-00

133,726

133,759

302/4

604/8

302/4

PBR-1220

TJPC-PBR1220WP-00

136,541

137,382

315

693

315

PC

KZPC-PGPC0710URZP-603

274,000

274,000

130

40

40

PC Inj.  0710

KZPC-PGPC0710WP-603

267,000

267,000

0

15

15

PC Inj.  0710

KZPC-PGPC0710WP-603

267,000

267,000

60

45

45

PE HDPE

ILPE-HD2208WP-00

78,344

78,344

0

22

22

PE HDPE

ILPE-HD2208WP-00

78,344

78,344

110

44

44

PE HDPE

ILPE-HD2208WP-00

78,344

78,344

0

44

44

PE HDPE

ASPC-HDHF5110P-00

83,557

83,634

1,210

1,364

1,188

PE HDPE

PAM-HDCRP100BL-00

99,971

100,071

4,000

4,350

4,000

PE HDPE 0035

IPC-HDHB0035J-00

82,222

82,222

0

80

80

PE HDPE 0035

IPC-HDHB0035J-00

82,222

82,222

210

150

130

PE HDPE 0035

IPC-HDHB0035PP-00

82,979

83,386

2,500

2,830

2,500

PE HDPE 5030SA

TABC-HD5030SAPP-00

80,859

81,357

200

240

200

PE HDPE 52518

JPC-HD52518PP-00

89,300

89,600

1,342

2,486

1,342

PE HDPE 54B04UV

LOR-HD54B04UVWP-00

78,344

78,344

0

24

24

PE HDPE 54B04UV

LOR-HD54B04UVWP-00

78,344

78,344

720

192

192

PE HDPE 54B04UV

LOR-HD54B04UVWP-00

78,344

78,344

0

240

240

PE HDPE 62N07UV

LOR-HD62N07UVWP-00

81,039

81,448

960

1,392

960

PE HDPE 7000F

ILPE-HD7000FWP-00

85,129

85,423

1,012

1,342

1,012

PE HDPE 7000F

MEPC-HD7000FWP-00

87,946

88,532

2,508

4,246

2,508

PE HDPE BL3

JPC-HDBL3PP-00

84,559

85,256

506

1,166

506

PE HDPE BL3

MPC-HDBL3PP-00

83,234

83,480

858

1,100

858

PE HDPE BL4

KEPE-HDBL4WP-00

82,222

82,222

0

24

24

PE HDPE BL4

KEPE-HDBL4WP-00

82,222

82,222

0

96

96

PE HDPE BL4

KEPE-HDBL4WP-00

82,222

82,222

720

96

96

PE HDPE BL4

KEPE-HDBL4WP-00

82,222

82,222

0

144

144

PE HDPE CRP100B

SHPC-HDCRP100BWP-00

102,209

102,883

1,500

2,260

1,500

PE HDPE CRP100N

JPC-HDCRP100NPP-00

99,389

101,258

1,804

3,586

1,804

PE HDPE EX5

MPC-HDEX5L-00

83,557

83,557

0

44

44

PE HDPE EX5

MPC-HDEX5L-00

83,557

83,557

154

154

110

PE HDPE EX5

MPC-HDEX5PP-00

83,557

83,557

0

132

132

PE HDPE EX5

KEPE-HDEX5WP-00

83,557

83,557

0

336

336

PE HDPE EX5

KEPE-HDEX5WP-00

83,557

83,557

960

744

624

PE HDPE EX5

MPC-HDEX5PP-00

83,557

83,557

858

902

726

PE LDPE

KRD-LD2426F8WP-00

88,395

88,395

0

48

48

PE LDPE

KRD-LD2426F8WP-00

88,395

88,395

480

144

120

PE LDPE

KRD-LD2426E02WP-00

88,395

88,395

720

192

192

PE LDPE

KRD-LD2426F8WP-00

88,395

88,395

0

312

312

PE LDPE

KRD-LD2426E02WP-00

88,395

88,395

0

528

528

PE LDPE 1922T

ASPC-LDEP1922TWP-00

88,759

88,759

110

66

44

PE LDPE 1922T

ASPC-LDEP1922TWP-00

88,759

88,759

0

66

66

PE LDPE 1922T

LPC-LDEP1922TWP-089

88,760

88,915

110

154

110

PE LDPE 2100TN00

LPC-LD2100TN00WP-089

92,909

93,023

440

506

440

PE LDPE 2102TX00

LPC-LD2102TX00WP-089

88,911

89,731

1,694

2,068

1,694

PE LDPE 2420E02

KRD-LD2420E02WP-00

90,888

91,122

1,008

1,656

1,008

PE LDPE LF0190

ASPC-LDLF0190PP-00

94,246

94,402

902

2,354

902

PE LDPE LF0200

IPC-LDLF0200PP-00

94,889

95,673

1,000

2,410

1,000

PE LDPE LH0075

IPC-LDLH0075PP-00

95,259

95,726

1,000

2,130

1,000

PE LLDPE

SHPC-LLD0209AAWP-00

94,109

94,316

800

2,640

800

PE LLDPE

PAM-LLD0209AAWP-00

93,699

94,052

3,102

6,358

3,102

PE LLDPE

MAPE-LLD20BF5WP-00

87,352

87,352

0

24

24

PE LLDPE

JPC-LLD235F6PP-00

85,820

85,820

506

66

44

PE LLDPE

MAPE-LLD20BF5WP-00

87,352

87,352

0

72

72

PE LLDPE

MAPE-LLD20BF5WP-00

87,352

87,352

0

120

120

PE LLDPE

MAPE-LLD20BF5WP-00

87,352

87,352

816

192

168

PE LLDPE

JPC-LLD235F6PP-00

85,820

85,820

0

176

176

PE LLDPE 22501KJ

JPC-LLD22501KJPP-00

84,289

84,289

506

154

110

PE LLDPE 22501KJ

JPC-LLD22501KJPP-00

84,289

84,289

0

396

396

PE LLDPE 22B02

MAPE-LLD22B02WP-00

89,789

90,773

1,200

2,784

1,200

PE LMDPE 3840UA

TABC-MD3840UAPP-00

88,979

89,086

858

1,474

858

PET BG731

PTC-PETBG731J-00

93,348

93,348

0

22

22

PET BG731

PTC-PETBG731J-00

93,348

93,348

88

66

44

PET BG735

PTC-PETBG735J-00

92,529

92,539

264

484

264

PET BG781

PTC-PETBG781J-00

94,078

94,078

0

88

88

PET BG781

PTC-PETBG781J-00

94,078

94,078

0

132

132

PET BG781

PTC-PETBG781J-00

94,078

94,078

0

220

220

PET BG781

PTC-PETBG781J-00

94,078

94,078

2,508

2,310

1,848

PET BG785

PTC-PETBG785J-00

92,375

92,375

1,012

1,144

1,012

PET BG825

PTC-PETBG825J-00

95,619

95,619

0

22

22

PET BG825

PTC-PETBG825J-00

95,619

95,619

0

22

22

PET BG825

PTC-PETBG825J-00

95,619

95,619

0

22

22

PET BG825

PTC-PETBG825J-00

95,619

95,619

2,508

330

330

PET Super Bright TG641

PTC-PETTGSUB641J-00

90,826

90,826

0

330

330

PET Super Bright TG641

PTC-PETTGSUB641J-00

90,826

90,826

2,002

1,672

1,672

PET Textile Grade 641

PTC-PETTG641J-00

87,548

87,548

506

506

506

PET TG641 MOD

PTC-PETTG641MODJ-00

87,788

87,788

2,002

2,002

2,002

PET TG645

PTC-PETTG645J-00

85,869

85,869

0

1,056

1,056

PET TG645

PTC-PETTG645J-00

85,869

85,869

5,016

3,960

3,960

PET-BG-821

PTC-PETBG821J-00

99,559

99,780

1,012

1,276

1,012

PP

NZCH-PPZB445LJ-00

116,796

116,796

0

21

21

PP

NZCH-PPZB445LJ-00

116,796

116,796

105

21

21

PP

PPMZ-PSHIPS6045WP-00

110,633

110,633

88

22

22

PP

PNCO-PPPNR230CP-00

114,390

115,135

40

100

40

PP

NZCH-PPZRCT230CJ-00

115,571

115,571

84

42

42

PP

NZCH-PPZRCT230CJ-00

115,571

115,571

0

42

42

PP – ZH510L

NZCH-PPZH510LJ-00

96,256

96,256

0

126

126

PP – ZH510L

NZCH-PPZH510LJ-00

96,256

96,256

441

441

315

PP – ZH525J

NZCH-PPZH525JJ-00

101,227

101,227

1,008

1,092

1,008

PP EP440G

JPPC-PPP440GWP-00

110,466

110,466

220

66

66

PP EP440L

JPPC-PPP440LWP-00

110,466

110,466

220

66

66

PP EP440L

JPPC-PPP440LWP-00

110,466

110,466

0

66

66

PP EP440L

JPPC-PPP440LWP-00

110,466

110,466

0

66

66

PP EP548R

JPPC-PPP548RWP-00

110,466

110,466

374

374

374

PP EPC40R

SHPC-PPPC40RWP-00

138,555

138,599

500

2,100

500

PP EPX3130UV

JPPC-PPPX3130UVWP-00

119,451

119,451

220

22

22

PP EPX3130UV

JPPC-PPPX3130UVWP-00

119,451

119,451

0

44

44

PP EPX548T

JPPC-PPPX548TWP-603

113,120

113,120

110

22

22

PP EPX548T

JPPC-PPPX548TWP-603

113,120

113,120

0

22

22

PP EPX548T

JPPC-PPPX548TWP-00

113,120

113,120

110

44

44

PP Ext. C30S

MPC-PPC30SPP-00

96,666

97,395

1,188

2,156

1,188

PP Extr.

MPC-PPP1X30FPP-00

98,519

98,611

220

330

220

PP HP510L

JPPC-PPHP510LWP-00

96,570

96,811

600

864

600

PP HP510L

JPPC-PPHP510LWP-00

96,260

96,330

840

1,296

840

PP HP525J

JPPC-PPHP525JWP-00

101,227

101,227

0

48

48

PP HP525J

JPPC-PPHP525JWP-00

101,227

101,227

1,392

480

408

PP HP550J

JPPC-PPHP550JWP-00

96,256

96,256

0

360

360

PP HP550J

JPPC-PPHP550JWP-00

96,256

96,256

1,440

1,080

1,080

PP HP552R

JPPC-PPHP552RWP-00

96,256

96,256

0

96

96

PP HP552R

SHPC-PPHP552RWP-00

96,256

96,256

0

180

180

PP HP552R

MPC-PPHP552RPP-00

96,256

96,469

550

880

550

PP HP552R

SHPC-PPHP552RWP-00

96,256

96,256

1,300

1,400

1,120

PP HP552R

JPPC-PPHP552RWP-00

96,256

96,256

1,272

1,272

1,176

PP MR230C

MPC-PPMR230CPP-00

121,359

121,498

396

946

396

PP POWDER HP550J

MPC-PPHP550JPP-00

96,256

96,298

330

418

330

PP Raphia

SHPC-PPRP210GWP-00

110,466

110,466

400

40

40

PP Raphia

SHPC-PPRP210GWP-00

110,466

110,466

400

160

160

PP Raphia

SHPC-PPRP210GWP-00

110,466

110,466

0

220

220

PP RG1102XK

RJCO-PPRG1102XKJ-00

97,399

97,629

315

840

315

PP RG1102XL

RJCO-PPRG1102XLWP-00

96,256

96,491

330

704

330

PP RG1104K

RJCO-PPRG1104KJ-00

101,227

101,227

567

693

126

PP RG1104K

RJCO-PPRG1104KJ-00

101,227

101,227

0

441

441

PP RG3212E

RJCO-PPRG3212EWP-00

124,199

124,298

220

484

220

PP RPX345S

JPPC-PPRPX345SWP-00

117,103

117,103

0

22

22

PP RPX345S

JPPC-PPRPX345SWP-00

117,103

117,103

0

44

44

PP RPX345S

JPPC-PPRPX345SWP-00

117,103

117,103

330

88

88

PP SF060

PNCO-PPSF060WP-00

96,679

96,988

920

1,440

920

PP Z30G

MPC-PPZ30GPP-00

96,256

96,256

0

88

88

PP Z30G

MPC-PPZ30GPP-00

96,256

96,256

550

286

242

PP Z30S

MPC-PPZ30SPP-00

96,256

96,256

0

220

220

PP Z30S

MPC-PPZ30SPP-00

96,256

96,256

880

726

660

PP ZB332C

NZCH-PPZB332CJ-00

110,466

110,466

0

21

21

PP ZB332C

NZCH-PPZB332CJ-00

110,466

110,466

189

168

168

PP ZH515MA

NZCH-PPZH515MAJ-00

106,789

108,438

105

210

105

PP ZR230C

NZCH-PPZR230CJ-00

122,479

122,851

210

441

210

PP ZR340R

NZCH-PPZR340RJ-00

113,529

113,529

0

21

21

PP ZR340R

NZCH-PPZR340RJ-00

113,529

113,529

189

189

168

PP-552R

NZCH-PPZH552RJ-00

96,256

96,256

0

42

42

PP-552R

NZCH-PPZH552RJ-00

96,256

96,256

525

546

483

PS -E200

TABC-PSE200J-00

108,888

111,507

60

80

60

PS -E300C

TABC-PSE300J-00

109,019

109,596

100

140

100

PS -E400C

TABC-PSE400CJ-00

100,423

100,423

105

10

10

PS EPS

TABC-PSEPS526J-00

103,451

103,451

25

25

25

PS EPS -400C

TABC-PSE400CJ-00

100,423

100,423

0

5

5

PS GPPS 1540

TABC-PSGPPS1540PP-00

99,497

99,497

0

319

319

PS GPPS 1540

TABC-PSGPPS1540PP-00

99,497

99,497

1,001

737

682

PS GPPS 1540

PTJP-PSGPPSG1551PP-00

99,497

99,497

0

65

65

PS GPPS 1551

PTJP-PSGPPSG1551PP-00

99,497

99,497

200

135

135

PS HIPS 7240

TABC-PSHIPS7240PP-00

110,704

110,704

0

308

308

PS HIPS 7240

TABC-PSHIPS7240PP-00

110,704

110,704

902

594

506

PS Self Retarding EPS F100

ENPC-PSSEF100J-089

106,343

106,343

0

40

40

PS Self Retarding EPS -F100

ENPC-PSSEF100J-089

106,343

106,343

600

30

30

PVC E6832

ARCO-PVCE6834PP-00

121,814

121,814

198

176

176

PVC E6832

ARCO-PVCE6834PP-00

119,271

121,814

396

792

396

PVC S65

ARCO-PVCS65PP-00

85,679

85,791

1,408

4,774

1,408

PVC S65

GPC-PVCS65J-00

82,813

83,370

1,500

3,140

1,500

PVC S65

ARCO-PVCS65J-00

85,420

85,606

1,800

5,080

1,800

PVC S65

IPC-PVCS65PP-00

83,511

83,726

2,816

5,038

2,816

SBR 11712

TJPC-DSBR1712MP-00

155,236

155,236

357

357

357

SBR 1502

IPC-LSBR1502MP-00

130,565

130,565

0

21

21

SBR 1502

IPC-LSBR1502MP-00

130,565

130,565

0

210

210

SBR 1502

IPC-LSBR1502MP-00

130,565

130,565

1,008

441

420

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