Daily Monitor: Expectable Crisis for PVC, PP and PET

Today’s prices were almost stable for many grades at the free market, though, for some few grades the market experienced very high increases in comparison with the official prices determined for this week’s trades at the IME‘s petrochemical hall.

The highest deviation from the official prices could be observed for almost all types of suspension grades of PVC, some grades of PP and few grades of PET that alerts for a crisis in next few days for PVC, PP and PET materials.

An increase of sometimes more than 10% from the base prices, which for example could be seen for some grades of PP shows that the price fluctuations for the polymer materials has other additional reasons than only market manipulation or added value for the US$ prices. One of the main reasons could be using the old machines with the old, and needed to be maintained, moulds which in turn could be adjusted very hard when there will be a small change in the materials’ characteristics. This in turn is related to higher demands for the materials that becomes famous among the converters as a “Good” material. Do we have the “Bad” material at all? or it is the lack of knowledge and the old machines and techniques?

PIMI Editorial team members and also technical colleagues are working on this issue in order to make these events at the Iranian market and industry understandable for the foreign business people.

Table 1: Official Offers, Demands and Trade Volumes for today Tuesday Dec. 12th 2017. 

Table 2: The Free Market prices at the market closing time

PVC S65 Ghadir = 43,700 [?-100]
PVC S65 Arvand = 44,000 [▫️0]
PVC S65 Bandar = 44,000 [▫️0]
PVC S65 Ghadir = 42,700 [?-100]
PVC S65 Arvand = 43,000 [▫️0]
PVC S65 Bandar = 43,000 [▫️0]
PVC S65 Off3 Arv = 23,200 [▫️0]
PVC E68 Off3 Arv = 22,500 [▫️0]
PVC E68 Off3 Arv = 21,500 [▫️0]

HDPE Blowing 0035 = 54,100 [➕1600]
EX5 Jam = 52,800 [➕650]
EX5 Marun = 52,600 [➕600]
F7000 Mehr = 52,700 [➕550]
5110 = 52,700 [➕1000]
BL3 Jam = 51,800 [➕300]
BL3 Marun = 51,200 [➕500]
BL3 Bakhtar = 51,300 [➕100]
0075 = 55,800 [➕1400]
020 = 56,300 [➕1900]
Lf190 = 55,200 [➕1200]
52518 = 46,900 [?-300]
Hi500 = 46,200 [➕100]
2102 = 55,500 [➕1000]
LLDPE 209 Amir = 52,600 [▫️0]
LLDPE 209 Arak = 51,600 [▫️0]
22B02 MAHABAD = 49,200 [?-100]
CRP 100 Amir Kabir = 61,200 [▫️0]
CRP100 Amir Kabir Kaf = 60,400 [▫️0]
CRP100 Jam = 61,300 [▫️0]
CRP 100 Shazand = 61,400 [➕400]
CRP 100 Maroun = 61,400 [➕400]
PE80 ilam = 60,000 [▫️0]
CRP 100 Shazand = 60,300 [▫️0]
PE 80 Ilam = 59,300 [?-100]
Z30s Mar = 53,100 [➕300]
C30s = 57,000 [➕2000]
7240 = 69,000 [▫️0]
1540 = 65,900 [?-1100]
781 = 56,400 [▫️0]
552R Jam = 53,200 [➕500]
552R Arak = 53,100 [➕400]
552R Maroun = 53,100 [➕400]
510L Jam = 56,300 [➕700]
550J Jam = 56,500 [➕1700]
10415 = 98,500 [▫️0]
R60 = 77,800 [➕300]
548R = 56,800 [➕800]
440L = 56,800 [➕800]
332C = 62,900 [➕100]
ABS N50 = 94,400 [?-600]
ABS N150 = 100,000 [➕1000]
R40 Arak = 64,000 [➕1400]