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All Polymer Prices Decreased to Promote the Market After High Security Controls

All Polymer Prices Decreased to Promote the Market After High Security Controls

Written By : Editorial
Reading time : 13 minutes

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All Polymer Prices Decreased to Promote the Market After High Security ControlsNearly two weeks of intense control of the market for plastics materials and the downturn in the market, which also resulted in recession of the production, the market has returned to normal.

Like other Sundays, today, Jan. 13th, 2019, the Petrochemical Downstream Industry Development office (PDID), which now is considering the impact of sanctions on the fate of the country’s petrochemical industry, and predicts a danger of great loses, decided to reduce the prices of all polymers base prices by calculation of the exchange value rate of US$ by 4.5 percent, possibly lowering the price of most of the polymer materials, perhaps resulting in even more production and markets promotion.
By returning to normal condition the GPPS 1540, with 8.2% decrease compared to its last week’s base price, was priced at Rls. 101,155/Kg. which showed a decreasing of about Rls. 9000/Kg. Then HIPS 7240 ranked the second best decreased price in this week’s base price announcement. HIPS 7240 has dropped by 7.4 percent from its base price last week, which means a decrease of about Rs. 8400/Kg. and so its price announced for Rls. 105,478.
After the two above-mentioned products from the polystyrene family, the family of PVC products dropped by 5.4% in their base prices which is about one third in comparison to their last week’s base prices. The group of PVC materials experienced a fall in prices from Rs. 4050 to 4300/Kg.
Other commodities that have faced more than 5 percent in their base prices compared to last week, are PP different types which experienced 5.2-5.3% price decrease.

On of the indexes that shows the pulse rate of the market is the number of the deals at the IME hall. For example for the last two weeks that due to high security situation PIMI found it useless to follow the market, the indexes at the IME hall were as follow:

During the week Dec.22nd-29th 2018, (Saturday to Saturday) the total number of deals were recorded for 157 times and for the next week (Dec. 29th – Jan. 5th) the total number of deals were 182 times. However, for the last week the total number of deals was recorded for 184 times which shows a positive trend in the market.

As a whole, the lowest decrease for the base prices has been determined for grade 785 of PET with -1.6% which resulted in a change of price of Rls. 102,337 to 100,654 which shows a decrease of Rls. 1683, and the highest decrease was announced for GPPS 1540 by 8.2% changing its previous week’s base price of Rls. 110,173 to 101,155.

The following table shows all deals for Sat. Jan.5th to Sat. Jan. 12th 2019. All prices are in IRR and based on the US$ value of Rls. 85,843. This trend shows that the Government is still unable to control the market that is mainly controlled by brokers and FOREX black market.

Commodity Symbol Base Offering Price Closed Sold Price Offering Volume (Tons) Demand Volume (Tons) Trade Volume (Tons)
ABS  SD0150 TABC-ABSSD0150PP-00 117,181 117,181 0 20 20
ABS  SD0150 TABC-ABSSD0150PP-00 117,181 117,181 500 120 100
Epoxy Resin iquide E06 KZPC-ERE06LSPLG-603 300,000 300,000 149/6 22 22
Epoxy Resin Liquid 06 KZPC-ERE06LSPLG-603 300,000 300,000 0 17/6 17/6
Epoxy Resin Liquid NE06 KZPC-ERE06LSPLG-603 300,000 300,000 211/2 17/6 17/6
Epoxy Resin Soid E1-75 KZPC-ERE1X75SSG-603 230,000 230,000 149/6 39/6 39/6
Epoxy Resin Solid  E1-75 KZPC-ERE1X75SSG-603 230,000 230,000 211/2 22 22
Epoxy Resin Solid E06 KZPC-ERE06LSPLG-603 52/8 0 0
Epoxy Resin Solid E1-75 KZPC-ERE1X75SSG-603 230,000 230,000 0 4/4 4/4
Epoxy Resin Solid E1-75 KZPC-ERE1X75SSG-603 52/8 0 0
GPPS TABC-PSGPPS1540NP-00 104,664 104,664 1,001 77 77
GPPS G1551 PTJP-PSGPPSG1551PP-00 110,173 110,173 400 10 10
GPPS MP08 MPG-PSGPMP08L-00 100 0 0
HDPE ILPE-HDPE7700MP-00 93,288 93,288 220 242 220
HDPE LOR-HD52B11UVP-00 144 0 0
HDPE 0035 IPC-HDHB0035PP-00 88,420 88,420 3,000 1,140 1,100
HDPE 0035 IPC-HDHB0035PP-00 88,420 88,420 0 100 100
HDPE 0035 IPC-HDHB0035J-00 83,999 83,999 0 10 10
HDPE 0035 IPC-HDHB0035J-00 83,999 83,999 1,000 70 70
HDPE 0035 IPC-HDHB0035J-00 83,521 83,521 0 150 150
HDPE 0035 IPC-HDHB0035J-00 83,999 83,999 0 310 310
HDPE 0035 IPC-HDHB0035PP-00 88,420 88,420 0 100 100
HDPE 0035 IPC-HDHB0035PP-00 87,917 87,917 0 260 260
HDPE 0035 IPC-HDHB0035J-00 83,999 83,999 0 10 10
HDPE 5030SA TABC-HD5030SAPP-00 101,119 107,499 300 430 300
HDPE 52518 JPC-HD52518PP-00 83,962 83,962 0 66 66
HDPE 52518 JPC-HD52518PP-00 83,962 83,962 1,012 726 660
HDPE 52518 JPC-HD52518PP-00 83,962 83,962 1,012 22 22
HDPE 62N07UV LOR-HD62N07UVPP-00 84,143 84,143 0 96 96
HDPE 62N07UV LOR-HD62N07UVWP-00 84,143 84,143 0 72 72
HDPE 62N07UV LOR-HD62N07UVWP-00 85,670 85,670 0 24 24
HDPE 62N07UV LOR-HD62N07UVWP-00 85,670 85,670 2,016 120 120
HDPE 62N11UV LOR-HD62N11UVP-00 192 0 0
HDPE 7000F MEPC-HD7000FWP-00 92,569 93,863 1,001 1,870 1,001
HDPE 7000F ILPE-HD7000FWP-00 90,509 90,920 1,012 1,474 1,012
HDPE 8200B ILPE-HDPE8200BWP-00 88,420 88,420 506 132 132
HDPE 8200B ILPE-HDPE8200BWP-00 88,420 88,420 0 154 154
HDPE BL3 KEPE-HDBL3PP-00 88,420 88,420 504 264 240
HDPE BL3 JPC-HDBL3PP-00 88,420 88,420 506 396 330
HDPE BL3 MPC-HDBL3L-00 88,420 88,420 1,012 88 66
HDPE BL3 KEPE-HDBL3PP-00 88,420 88,420 0 48 48
HDPE BL3 KEPE-HDBL3PP-00 87,917 87,917 0 24 24
HDPE BL3 JPC-HDBL3PP-00 88,420 88,420 0 88 88
HDPE CRP100B SHPC-HDCRP100BWP-00 103,579 104,193 1,000 1,920 1,000
HDPE CRP100N MPC-HDCRP100NL-00 95,594 95,594 0 44 44
HDPE CRP100N JPC-HDCRP100NPP-00 95,594 95,594 0 22 22
HDPE CRP100N MPC-HDCRP100NL-00 95,594 95,594 308 286 154
HDPE CRP100N JPC-HDCRP100NPP-00 95,594 95,594 1,518 770 330
HDPE CRP100N JPC-HDCRP100NPP-00 95,594 95,594 1,518 1,254 1,122
HDPE CRP100N JPC-HDCRP100NPP-00 95,594 95,594 0 396 396
HDPE EX3 PAM-HDEX3L-00 93,288 93,288 0 110 110
HDPE EX3 PAM-HDEX3L-00 93,288 93,288 2,000 1,990 1,890
HDPE EX5 KEPE-HDEX5WP-00 89,509 89,509 0 96 96
HDPE EX5 KEPE-HDEX5WP-00 89,509 89,509 3,024 480 192
HDPE EX5 MPC-HDEX5L-00 89,509 89,509 660 682 616
HDPE EX5 KEPE-HDEX5WP-00 89,509 89,509 0 48 48
HDPE EX5 MPC-HDEX5L-00 89,509 89,509 0 22 22
HDPE HF5110 ASPC-HDHF5110WP-00 89,509 89,509 1,210 1,144 902
HDPE HF5110 ASPC-HDHF5110WP-00 89,509 89,509 0 176 176
HDPE HF5110 ASPC-HDHF5110WP-00 89,509 89,509 0 132 132
HIPS TABC-PSHIPS7240NP-00 113,881 113,881 1,100 319 319
HIPS 4512 MBIG- PSHIPS4512L-00 100 0 0
LDPE 1922T LPC-LDEP1922TWP-00 86,794 86,794 220 66 66
LDPE 1922T ASPC-LDEP1922TWP-00 66 0 0
LDPE 2100TN00 LPC-LD2100TN00WP-00 89,372 89,372 0 22 22
LDPE 2100TN00 LPC-LD2100TN00WP-00 89,372 89,372 220 44 44
LDPE 2102TX00 LPC-LD2102TX00PP-00 85,935 85,935 0 43/2 43/2
LDPE 2102TX00 LPC-LD2102TX00WP-00 84,235 84,235 0 242 242
LDPE 2102TX00 LPC-LD2102TX00PP-00 85,935 85,935 1,857/6 410/4 367/2
LDPE 2102TX00 LPC-LD2102TX00WP-00 84,235 84,235 0 66 66
LDPE 2102TX00 LPC-LD2102TX00WP-00 84,235 84,235 0 22 22
LDPE 2420E02 KRD-LD2420E02WP-00 336 0 0
LDPE 2420E02 KRD-LD2420E02PP-00 336 0 0
LDPE 2420F3 KRD-LD2420F3WP-00 88,083 88,083 768 72 72
LDPE 2420F8 KRD-LD2420F8WP-00 85,935 85,935 504 48 48
LDPE 2420F8 KRD-LD2420F8WP-00 85,935 85,935 0 24
LDPE Film PAM-LD2420FL-00 70 0 0
LDPE LF0190 ASPC-LDLF0190WP-00 85,935 85,935 0 22 22
LDPE LF0190 ASPC-LDLF0190WP-00 85,935 85,935 0 22 22
LDPE LF0190 ASPC-LDLF0190WP-00 85,935 85,935 770 440 396
LDPE LF0200 IPC-LDLF0200J-00 81,638 81,638 500 160 160
LDPE LF0200 IPC-LDLF0200PP-00 85,935 85,935 0 20 20
LDPE LF0200 IPC-LDLF0200PP-00 85,935 85,935 1,500 790 640
LDPE LF0200 IPC-LDLF0200PP-00 85,935 85,935 0 20 20
LDPE LF0200 IPC-LDLF0200PP-00 84,235 84,235 0 60 60
LDPE LF0200 IPC-LDLF0200J-00 81,638 81,638 0 40 40
LDPE LF0200 IPC-LDLF0200J-00 81,638 81,638 0 80 80
LDPE LH0075 IPC-LDLH0075PP-00 84,235 84,235 0 10 10
LDPE LH0075 IPC-LDLH0075PP-00 85,935 85,935 0 50 50
LDPE LH0075 IPC-LDLH0075PP-00 85,935 85,935 1,000 380 300
LLDPE SHPC-LLD0209AAWP-00 85,294 85,326 600 880 600
LLDPE MAPE-LLD18B01P-00 83,899 83,899 0 24 24
LLDPE MAPE-LLD18B01P-00 85,294 85,294 0 24 24
LLDPE MAPE-LLD18B01P-00 85,294 85,294 456 24 24
LLDPE MAPE-LLD22B02KJP-00 85,721 85,721 504 48 48
LLDPE PAM-LLD0209AAWP-00 85,670 86,187 3,300 3,674 3,300
LLDPE MAPE-LLD22B02KJP-00 85,721 85,721 0 24 24
LLDPE MAPE-LLD22B01KJP-00 504 0 0
LLDPE 22B01 MAPE-LLD22B01WP-00 85,294 85,294 1,008 24 24
LLDPE 22B01 MAPE-LLD22B01WP-00 85,294 85,294 0 24 24
LLDPE 22B02 MAPE-LLD22B02WP-00 85,294 85,294 1,200 240 96
LLDPE 22B02 MAPE-LLD22B02WP-00 85,294 85,294 0 48 48
LMDPE 3840UA TABC-MD3840UAPP-00 86,061 86,061 1,500 520 420
PBR -1220 TJPC-PBR1220MP-00 504 0 0
PBR -1220 SHPC-PBR1220WWP-00 128,007 128,007 504 504 504
PBR -1220 SHPC-PBR1220WWP-00 128,065 128,065 504 161/28 161/28
PC KZPC-PGPC0407ZP-00 50 0 0
PC KZPC-PGPC0407ZP-00 50 0 0
PC KZPC-PGPC0407ZP-00 50 0 0
PC 0710 KZPC-PGPC0710ZP-603 450 0 0
PC 0710 KZPC-PGPC0710ZP-603 150 0 0
PC 0710 KZPC-PGPC0710ZP-603 1,000 0 0
PET BG 841 PTC-PETBG841J-00 109,471 109,471 0 88 88
PET BG 841 PTC-PETBG841J-00 109,471 109,471 506 440 418
PET BG781 PTC-PETBG781J-00 114,999 116,119 2,002 2,904 2,002
PET BG825 PTC-PETBG825J-00 110,572 110,572 88 44 44
PET BG825 PTC-PETBG825J-00 114,004 114,004 88 44 44
PET BG825 PTC-PETBG825J-00 109,111 110,572 924 1,111 924
PET Super Bright TG641 PTC-PETTGSUB641J-00 102,172 102,172 297 297 297
PET Super Bright TG641 PTC-PETTGSUB641J-00 123,762 123,762 99 99 99
PET Super Bright TG641 PTC-PETTGSUB641J-00 102,172 102,172 1,199 1,199 1,199
PET Super Bright TG645 PTC-PETTGSUB645J-00 124,734 124,734 99 99 99
PET Textile PTC-PETTG641J-00 119,316 119,316 297 297 297
PET Textile 641 PTC-PETTG641J-00 121,921 121,921 297 297 297
PET Textile 641 PTC-PETTG641J-00 121,893 121,921 1,199 2,046 1,199
PET TG645 PTC-PETTG645J-00 115,608 115,608 198 198 198
PET TG645 PTC-PETTG645J-00 114,694 115,608 814 1,243 814
PET TG645 PTC-PETTG645J-00 119,477 119,477 297 297 297
PET-BG-821 PTC-PETBG821J-00 119,842 119,842 88 33 33
PET-BG-821 PTC-PETBG821J-00 119,179 119,842 924 1,683 924
PET-BG-821 PTC-PETBG821J-00 116,468 116,468 88 55 55
PP RJCO-PPRG3212HP-00 88 0 0
PP RJCO-PPRGH&RP-00 110 0 0
PP – ZH510L NZCH-PPZH510LJ-00 114,889 115,441 315 1,176 315
PP – ZH525J NZCH-PPZH525JJ-00 103,999 116,100 1,281 1,596 1,281
PP – ZH550J NZCH-PPZH550JJ-00 118,019 118,955 126 588 126
PP C30G MPC-PPC30GL-00 108,889 109,060 198 660 198
PP EP440G JPPC-PPEP440GWP-00 104,741 104,741 110 22 22
PP EP440L JPPC-PPEP440LWP-00 104,741 104,741 0 22 22
PP EP440L JPPC-PPEP440LWP-00 104,741 104,741 198 198 132
PP EPX3130UV JPPC-PPEPX3130UVWP-00 110 0 0
PP Extr. C30S MPC-PPC30SL-00 111,039 112,215 1,408 5,126 1,408
PP Extr. ZH500M NZCH-PPZH500MJ-00 96,012 97,162 84 126 84
PP HP510L JPPC-PPHP510LWP-00 112,059 112,728 1,896 3,792 1,896
PP HP552R MPC-PPHP552RL-00 103,789 104,652 880 1,958 880
PP MR332C MPC-PPMR230CL-00 107,012 107,451 374 770 374
PP Natural PNCO-PPPNR230CP-00 104,741 104,741 60 40 40
PP Raphia RP270G SHPC-PPRP270GPP-00 104,741 104,741 0 660 660
PP RG1102XL RJCO-PPRG1102XLJ-00 114,000 114,822 252 1,218 252
PP RG1104K RJCO-PPRG1104KJ-00 105,555 106,820 546 945 546
PP RG3212E RJCO-PPRG3212EWP-00 104,741 104,741 198 22 22
PP RG3212E RJCO-PPRG3212EWP-00 104,741 104,741 0 88 88
PP SF060 PNCO-PPSF060WP-00 114,111 114,776 920 2,720 920
PP Z30G MPC-PPZ30GL-00 101,698 101,830 264 616 264
PP Z30S MPC-PPZ30SL-00 103,128 103,494 506 1,320 506
PP ZH515MA NZCH-PPZH515MAJ-00 111,659 112,160 126 252 126
PP ZR340R NZCH-PPZR340RJ-00 124,509 125,542 189 399 189
PVC  E6832 ARCO-PVCE6834PP-00 220 0 0
PVC E6832 ARCO-PVCE6834PP-00 76,399 76,399 0 44 44
PVC E6832 ARCO-PVCE6834PP-00 76,399 76,399 440 22 22
PVC E6832 ARCO-PVCE6834PP-00 76,399 76,399 0 44 44
PVC E6832 ARCO-PVCE6834PP-00 76,399 76,399 220 88 44
PVC Emulsion ARCO-PVCE7044P-00 330 0 0
PVC Emulsion ARCO-PVCE7044P-00 75,696 75,696 330 33 33
PVC S65 ARCO-PVCS65WP-00 74,174 74,174 0 66 66
PVC S65 IPC-PVCS65PP-00 74,174 74,174 3,014 1,210 660
PVC S65 ARCO-PVCS65J-00 71,949 71,949 0 800 800
PVC S65 IPC-PVCS65PP-00 74,174 74,174 0 22 22
PVC S65 ARCO-PVCS65WP-00 74,174 74,174 0 220 220
PVC S65 ARCO-PVCS65J-00 71,949 71,949 1,560 1,040 280
PVC S65 IPC-PVCS65PP-00 74,174 74,174 0 22 22
PVC S65 GPC-PVCS65J-00 74,174 74,174 300 420 300
PVC S65 IPC-PVCS65PP-00 74,174 74,174 0 22 22
PVC S65 ARCO-PVCS65J-00 71,949 71,949 0 20 20
PVC S65 IPC-PVCS65PP-00 74,174 74,174 0 44 44
PVC S65 IPC-PVCS65PP-00 74,174 74,174 1,001 286 132
PVC S65 IPC-PVCS65PP-00 74,174 74,174 0 22 22
PVC S65 IPC-PVCS65PP-00 74,174 74,174 0 110 110
PVC S65 ARCO-PVCS65WP-00 74,174 74,174 1,496 1,023 165
PVC S65 ARCO-PVCS65WP-00 74,174 74,174 0 22 22
PVC S65 IPC-PVCS65PP-00 74,174 74,174 0 154 154
RAPHIA PP RP270G SHPC-PPRP270GPP-00 104,741 104,741 2,500 160 160
SBR 1502 IPC-LSBR1502MP-00 124,817 124,817 609 336 336
SBR 1502 IPC-LSBR1502MP-00 122,714 122,714 609 315 315

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