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Daily Monitor: Expectable Crisis for PVC, PP and PET

Daily Monitor: Expectable Crisis for PVC, PP and PET

Written By : mehrdadk
Reading time : 6 minutes

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Daily Monitor: Expectable Crisis for PVC, PP and PET
                     Dec. 12th, 2017

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. 

Commodity Symbol Base Offering Price (IRR) Closing  Average Price Offering (Tone) Demand (Tone) Trade Volume (Tone)
1502 SBR IPC-LSBR1502MP-00 60,900 60,900 504 504 504
1712 SBR TJPC-DSBR1712MP-00 57,062 57,062 210 126 126
ABS N50 GBPC-ABS50NWP-00 87,669 100 0 0
ABS N75 GBPC-ABS75NWP-00 102,916 70 0 0
ABS SD0150 TABC-ABSSD0150PP-00 87,669 87,669 200 50 50
GPS 1551 PTJP-PSGPPSG1551PP-00 60,487 500 0 0
GPS 1540 TABC-PSGPPS1540PP-00 60,487 60,487 0 30 30
GPS 1540 TABC-PSGPPS1540PP-00 60,487 60,487 700 100 80
HDPE 52511 JPC-HD52511PP-00 41,826 41,826 0 44 44
HDPE 52511 JPC-HD52511PP-00 41,826 41,826 253 88 44
HDPE 52518 JPC-HD52518PP-00 41,826 42,135 3003 3938 3003
HDPE 62N07 LOR-HD62N07WP-00 41,826 41,826 480 120 72
HDPE 62N07UV LOR-HD62N07UVWP-00 42,617 42,617 240 24 24
HDPE 7000F ILPE-HD7000FWP-00 46,331 47,117 1012 1914 1012
HDPE 8200B ILPE-HDPE8200BWP-00 45,559 45,559 506 22 22
HDPE 8200B ILPE-HDPE8200BWP-00 45,559 45,559 0 44 44
HDPE BL3 MPC-HDBL3L-00 45,559 46,045 880 1144 880
HDPE BL3 JPC-HDBL3PP-00 45,559 45,559 2002 858 726
HDPE BL3 JPC-HDBL3PP-00 45,559 45,559 0 1276 1276
HDPE CRP100N SHPC-HDCRP100NWP-00 54,532 54,532 0 580 580
HDPE CRP100N MPC-HDCRP100NL-00 54,532 54,532 0 154 154
HDPE CRP100N MPC-HDCRP100NL-00 54,532 54,532 1342 572 462
HDPE EX3 PAM-HDEX3L-00 54,002 54,002 0 410 410
HDPE EX3 PAM-HDEX3L-00 54,002 54,002 2800 2590 2390
HDPE EX5 KEPE-HDEX5WP-00 46,331 47,156 480 888 480
HDPE HF5110 ASPC-HDHF5110WP-00 46,331 46,331 0 572 572
HDPE HF5110 ASPC-HDHF5110WP-00 46,331 46,331 1210 638 638
HDPE HI0500 IPC-HDHI0500PP-00 41,826 42,098 2000 2460 2000
HIPS 7240 TABC-PSHIPS7240PP-00 62,451 62,716 750 900 750
LDPE 1922T ASPC-LDEP1922TWP-00 48,322 48,322 0 132 132
LDPE 1922T ASPC-LDEP1922TWP-00 48,322 48,322 484 352 352
LDPE 1922T LPC-LDEP1922TWP-00 48,322 48,543 550 726 550
LDPE 2100TN00 LPC-LD2100TN00WP-00 52,284 52,284 330 220 176
LDPE 2100TN00 LPC-LD2100TN00WP-00 52,284 52,284 0 66 66
LDPE 2102TX00 LPC-LD2102TX00WP-00 47,531 48,752 1012 1782 1012
LDPE 2420E02 KRD-LD2420E02WP-00 47,531 47,531 480 336 336
LDPE 2420E02 KRD-LD2420E02WP-00 47,531 47,531 0 144 144
LDPE 2420H PAM-LD2420HPP-00 47,531 48,861 1100 1826 1100
LDPE LF0190 ASPC-LDLF0190WP-00 47,531 49,584 550 1496 550
LDPE LH0075 IPC-LDLH0075PP-00 47,531 50,865 1000 3080 1000
LLDPE 209AA PAM-LLD0209AAPP-00 44,401 46,051 4818 7524 4818
LLDPE 22501KJ JPC-LLD22501KJPP-00 45,793 47,116 66 143 66
LLDPE 22B02 MAPE-LLD22B02WP-00 44,401 44,401 0 96 96
LLDPE 22B02 MAPE-LLD22B02WP-00 44,401 44,401 1008 96 72
LMDPE 3840UA TABC-MD3840UAPP-00 43,708 43,708 750 780 680
LMDPE 3840UA TABC-MD3840UAPP-00 43,708 43,708 0 70 70
PBR-1220 TJPC-PBR1220MP-00 62,981 62,981 210 63 63
PET BG781 PTC-PETBG781J-00 43,676 48,043 1694 16445 1694
PET BG825 PTC-PETBG825J-00 44,479 46,491 506 1441 506
PET-BG-821 PTC-PETBG821J-00 45,832 47,005 2310 3267 2310
PP EP440L JPPC-PPEP440LWP-00 49,781 50,652 330 528 330
PP EP548R JPPC-PPEP548RWP-00 49,781 51,189 440 1100 440
PP EPX3130UV JPPC-PPEPX3130UVWP-00 53,262 53,262 110 44 44
PP EX548T JPPC-PPEPX548TWP-00 50,809 51,338 110 176 110
PP EXTRUSION C30S MPC-PPC30SL-00 44,163 50,588 330 2354 330
PP HP510L JPPC-PPHP510LWP-00 44,163 49,780 440 2750 440
PP HP525J JPPC-PPHP525JWP-00 44,559 49,013 2002 3564 2002
PP HP552R JPPC-PPHP552RWP-00 44,163 48,516 770 2134 770
PP HP564S JPPC-PPHP564SWP-00 46,141 46,141 4004 2816 2816
PP HP564S JPPC-PPHP564SWP-00 46,141 46,141 0 1188 1188
PP MR332C MPC-PPMR230CL-00 49,781 52,099 550 2442 550
PP RG1102XL RJCO-PPRG1102XLJ-00 44,163 49,289 588 2373 588
PP RPX345S JPPC-PPRPX345SWP-00 52,352 54,203 220 638 220
PP Z30S MPC-PPZ30SL-00 44,163 48,722 1100 2816 1100
PS -400C TABC-PSE400CJ-00 57,756 57,756 150 80 80
PS E200 TABC-PSE200J-00 59,438 59,438 150 120 120
PS E200 TABC-PSE200J-00 59,438 59,438 0 30 30
PS E300C TABC-PSE300J-00 59,438 59,438 150 60 60
PVC E6832 ARCO-PVCE6834PP-00 36,046 36,046 0 22 22
PVC E6832 ARCO-PVCE6834PP-00 36,046 36,046 220 44 44
PVC S57 APCO-PVCS57WP-00 36,714 41,172 500 1240 500
PVC S65 IPC-PVCS65PP-00 33,376 38,348 3014 5192 3014
PVC S65 GPC-PVCS65PP-00 33,376 38,566 484 2156 484
PVC S65 GPC-PVCS65J-00 33,376 35,411 1500 3140 1500
PVC S65 ARCO-PVCS65PP-00 33,376 35,490 2508 4048 2508
PVC S65 ARCO-PVCS65J-00 32,708 33,785 500 720 500
PVC S70 IPC-PVCS70PP-00 37,715 43,982 88 418 88

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]

 

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