In recent days, the trading of polymers on the stock market has been relatively attractive, and compared to previous weeks, one can say that there was a boom in trading, so that, even some important competition have been recorded.
This relatively favourable trend in the past two days has given new optimism to the market, so that we may see a market out of downturn gradually.
The roughly favourable supply and effective demand are among the key features of recent polymers trading on the stock market. The decline in base prices may be one reason for the relative increase in demand in recent days. Though the US$ value fluctuation does not allow prices to rise. This new approach implies that there is genuine effective demand from the main buyers or actual producers. Of course, low stocks can also help boost demand.
Increasing the volume of purchases under current circumstances means that some buyers, even with speculation or brokering goals, do not consider the possibility of falling prices as a high priority for themselves, as if they are not very sure of a free market price decline as well.
Of course, these cases require closer scrutiny, but the relative improvement in trader and buyer behaviour has led to less skepticism so far. Admittedly, the market analysts should accept that the market is not only dictated by the base prices in the stock and free markets. However, this does not mean that the underlying prices are less important. The essence of change is always in the context of the markets, and this time as if the startup has undergone some changes, but in the coming days we can speak more explicitly with a closer look at prices in the context of the world polymers’ price index or trading volume and percentage of traded supply. Las week the trading volume of polymers on the stock exchange was close to 43,000 tonnes, which is likely to grow this week.
Prices fluctuate in the open market
The prices in IME are following the leverage of base prices, which are downward. This should be a principle for monitoring the free markets with some modification. May be in short term the effects of the base price fluctuation can’t be seen very fast, but in middle to long terms, it is the base price that dictates the future of the free market. Though, beside of this fact the amount of supply and demand should always be taken into account. In the other words, it is the competition and supply/demand that gives the last signal for market assessment.
At this condition that the amount of supplies in the stock is higher than demand, the competition sword is not too much cutting except for special grades that always promote competitions. If this will remain as it is (higher supply than demand) so there will be no high interesting competition in the market. Although some other factors like overhauls and maintenance or sudden accidents may affect the supplies and so the market condition and demands.
The following tables show today’s free market prices and trade volumes at the IME.
The following table shows the free market prices at the market’s closing time on Wed. July 31st, 2019
| Type | Grade | Producer | Price (Rls.) |
| ABS | 10415 | Tabriz Petrochemical | 221000 |
| ABS | 10417 | Abtak Petrochemical | 220000 |
| ABS | ABS150 | Tabriz Petrochemical | 176500 |
| ABS | N50 | Ghaed Basir | 190000 |
| DOP | DOP Oil | 229000 | |
| HDPE | Hi500 | Bandar Imam Petrochemical | 116500 |
| HDPE | Tabriz 3840 | Tabriz PC | 110000 |
| HDPE Blown | 0035 | Bandar Imam Petrochemical | 115700 |
| HDPE Blown | Bl3 Jam | Jam Petrochemical | 116500 |
| HDPE Blown | Bl3 Bakhtar | Bakhtar Petrochemical | 115500 |
| HDPE Blown | Bl3 Marun | Marun Petrochemical | 115000 |
| HDPE Extrusion | EX3 AmirKabir | AmirKabir Petrochemical | 129000 |
| HDPE Extrusion | CRP100N | Marun Petrochemical | 129000 |
| HDPE Extrusion | CRP100 Marun | Marun Petrochemical | 129000 |
| HDPE Extrusion | CRP100B Arak | Arak Petrochemical | 140000 |
| HDPE Extrusion | EX5 Jam | Jam Petrochemical | 116000 |
| HDPE Extrusion | EX5 Bakhtar | Bakhtar Petrochemical | 115000 |
| HDPE Extrusion | EX5 Marun | Marun Petrochemical | 115300 |
| HDPE Film | F7000 Mehr | Mehr Petrochemical | 118800 |
| HDPE Film | F7000 Ilam | Ilam Petrochemical | 116500 |
| HDPE Film | 5110 Arya | Arya Petrochemical | 117000 |
| HDPE Film | 52518 | Jam Petrochemical | 110000 |
| HDPE injection | 60507 | Jam Petrochemical | 109000 |
| HDPE injection | 62N07 | Lorestan Petrochemical | 106500 |
| HDPE Rotational | 3840 UA Tabriz | Tabriz Petrochemical | 110000 |
| LDPE Film | LF190 | Arya sasoul | 119500 |
| LDPE Film | 020 | Bandar Imam Petrochemical | 120000 |
| LDPE Film | 0075 | Bandar Imam PC | 125000 |
| LDPE Film | 2420H | AmirKabir Petrochemical | 120000 |
| LDPE Film | 2420D | Kosar Petrochemical | 121000 |
| LDPE Film | 2420E02 | Kordestan PC | 119000 |
| LDPE Film | 2102TX00 | Lale Petrochemical | 119300 |
| LLDPE | LLD 209 Amir | AmirKabir Petrochemical | 115000 |
| LLDPE | LLD 22B03 Mahabad | Mahabad Petrochemical | 114000 |
| LLDPE | LLD 209 Arak | Arak Petrochemical | 113700 |
| LLDPE | LLD 22b02 Mahabad | Mahabad Petrochemical | 114000 |
| LLDPE | LLD 22b01 Mahabad | Mahabad Petrochemical | 114000 |
| LLDPE | LL 0209KJ | Tabriz Petrochemical | 116000 |
| LLDPE | 1922T lale | Lale Petrochemical | 123000 |
| LLDPE | 19922T Arya | Arya Petrochemical | 123000 |
| PET | PET-BG781 | Tondgooyan Petrochemical | 156000 |
| PET | PET-BG785 | Tondgooyan Petrochemical | 156000 |
| PET | PET-BG825 | Tondgooyan Petrochemical | 156000 |
| PP Fibre | C30G Marun | Marun Petrochemical | 136000 |
| PP Fibre | ZH 515MA | Navid Zar Chemical | 157500 |
| PP Fibre | Z30S Marun | Marun Petrochemical | 135000 |
| PP Fibre | C30S Marun | Marun Petrochemical | 138000 |
| PP Fibre | RG1102XK | 139500 | |
| PP Fibre | Z30s Ar | Arak Petrochemical | 136300 |
| PP Fibre | 552R Jam | Jam Petrochemical | 135700 |
| PP Fibre | 552R Marun | Marun Petrochemical | 135700 |
| PP Fibre | 552R Arak | Arak Petrochemical | 135000 |
| PP Fibre | 552R Navid | Navid Petrochemical | 135000 |
| PP Injection | 548R Jam | Jam Petrochemical | 161000 |
| PP Injection | ZB 440L | Navid Zar Chemical | 151000 |
| PP Injection | MR230 | Marun Petrochemical | 213000 |
| PP Injection | ZR230 | Navid Zar Chemical | 211000 |
| PS GPPS | GPPS 1540 | Tabriz Petrochemical | 136000 |
| PS HIPS | HIPS 7240 | Tabriz Petrochemical | 169500 |
| PVC S65 | S65 Ghadir | Ghadir PC | 101000 |
| PVC S65 | PVC S65 Arvand | Arvand Petrochemical | 101500 |
| PVC S65 | PVC S65 Bandar | Bandar Imam Petrochemical | 101500 |
The following table shows the trade volumes at IME hall on Wed. July 31st, 2019
| Commodity | Symbol | Min. Price (Rls.) | Sold Price (tons) | Offering Volume (tons) | Demand Volume (tons) | Trade Volume (tons) |
| HDPE 0035 | IPC-HDHB0035PP-00 | 100,894 | 100,894 | 0 | 100,894 | 160 |
| HDPE 7000F | ILPE-HD7000FWP-00 | 101,211 | 101,211 | 0 | 101,211 | 44 |
| HDPE BL3 | KEPE-HDBL3WP-00 | 100,894 | 100,894 | 0 | 100,894 | 24 |
| HDPE HF5110 | ASPC-HDHF5110WP-00 | 101,211 | 101,211 | 0 | 101,211 | 22 |
| LLDPE | SHPC-LLD0209AAWP-00 | 99,586 | 99,586 | 0 | 99,586 | 40 |
| LLDPE 22B02 | MAPE-LLD22B02WP-00 | 99,586 | 99,586 | 0 | 99,586 | 72 |
| LDPE 2102TX00 | LPC-LD2102TX00WP-00 | 103,822 | 103,822 | 0 | 103,822 | 66 |
| LDPE 2420E02 | KRD-LD2420E02PP-00 | 103,822 | 103,822 | 0 | 103,822 | 24 |
| LDPE LF0190 | ASPC-LDLF0190WP-00 | 103,822 | 103,822 | 0 | 103,822 | 22 |
| PET BG781 | PTC-PETBG781J-00 | 133,877 | 133,877 | 0 | 133,877 | 22 |
| PBR -1220 | SHPC-PBR1220WWP-00 | 144,070 | 144,070 | 0 | 144,070 | 20/16 |
| PET Super Bright TG645 | PTC-PETTGSUB645J-00 | 116,839 | 116,839 | 0 | 116,839 | 66 |
| PET TG641 MOD | PTC-PETTG641MODJ-00 | 116,263 | 116,263 | 0 | 116,263 | 110 |
| PP HP552R | SHPC-PPHP552RPJ-00 | 109,994 | 109,994 | 0 | 109,994 | 20 |
| PP V30S | SHPC-PPV30SWP-00 | 113,396 | 113,396 | 0 | 113,396 | 40 |
| PVC S60 | IPC-PVCS60PP-00 | 91,017 | 91,017 | 0 | 91,017 | 22 |
| PVC S65 | IPC-PVCS65PP-00 | 85,766 | 85,766 | 0 | 85,766 | 22 |
| PVC S65 | ARCO-PVCS65PP-00 | 85,766 | 85,766 | 0 | 85,766 | 44 |
| Epoxy Resin Solid E1-75 | KZPC-ERE1X75SSG-603 | 265,000 | 265,000 | 0 | 265,000 | 8/8 |
