Today, March 1st 2020, like every other Sundays, the PDID Office of NPC announced the new base prices for the polymers that should be purchased via the IME.
These new prices are all incremental (table 1) due to increasing in the US$ value of the NIMA system that is the official exchange rate values of FOREX for official tradings. The US$ value was increased by 2.99% (Rls. 3.875) in comparison with last week. The new price of US$ for calculation was Rls. 133.432 and due to this increase all prices increased from 3.58% to 0.51%.
What was, however, surprising was the record breaking of the trading volume of the polymers during last week (Click Here). As global news confirm, many industries either have been shut down or are working with lower capacities up to 50% due to Coronavirus outbreak, which means decreasing in trading volumes. But in Iran, like many events the situation goes upside down. The record breaking week of the polymer market happened in another record as well. There were only 168 times of bids from which only 156 bids ended successfully for a trading volume record of more than 91.000 tons.
To compare you may have a look at table II that shows the amount of highest materials purchase at one time in one bid, and table III which shows the last week’s (Feb. 23-29th).
Table I: New base prices applicable for March 1st – 7th evening)
| Materials | Last Week’s Price (Rials)
26.01.2020 |
This Week’s Price (Rials)
01.03.2020 |
%
Change |
Difference
(Rials) |
| HDPE Blown | 96.482 | 99.938 | 3.58 | 3.458 |
| GPPS | 121.971 | 125.747 | 3.10 | 3.776 |
| LDPE Film | 103.066 | 106.150 | 2.99 | 3.084 |
| LDPE – Injection | 106.158 | 109.334 | 2.99 | 3.176 |
| HDPE Film | 96.309 | 99.190 | 2.99 | 2.881 |
| LLDPE | 102.494 | 105.560 | 2.99 | 3.066 |
| PP Chemical | 141.815 | 146.057 | 2.99 | 4.242 |
| PP Texture | 124.338 | 128.057 | 2.99 | 3.719 |
| HDPE – Rotation | 99.066 | 101.996 | 2.96 | 2.930 |
| HDPE Injection | 88.814 | 91.439 | 2.96 | 2.625 |
| HIPS | 139.079 | 142.733 | 2.63 | 3.654 |
| PVC S-70 | 118.894 | 121.952 | 2.57 | 3.058 |
| PVC S-65 | 103.386 | 106.004 | 2.53 | 2.618 |
| PVC S-57 | 113.725 | 116.604 | 2.53 | 2.879 |
| PVC S-60 | 108.556 | 111.304 | 2.53 | 2.748 |
| EPS | 130.752 | 133.831 | 2.35 | 3.079 |
| PET BG-781 | 102.334 | 103.558 | 1.22 | 1.244 |
| PET BG-825 | 104.209 | 105.475 | 1.21 | 1.266 |
| PET BG-821 | 107.349 | 108.653 | 1.21 | 1.304 |
| PET –BG785 | 100.284 | 101.502 | 1.21 | 1.218 |
| HDPE Extrusion (PE80) | 107.774 | 108.970 | 1.11 | 1.196 |
| HDPE Extrusion (PE 100) | 112.825 | 113.930 | 0.98 | 1.105 |
| ABS | 163.831 | 164.853 | 0.62 | 1.022 |
| SBR 1502 | 157.831 | 158.635 | 0.51 | 804 |
Table II: 5 tradings at one time bid at IME hall
| Commodity | Symbol | Min. Price (Rls.) | Sold Price (Rls.) | Offering Volume (tons) | Demanding Volume (tons) | Trading Volume (tons) |
| PET BG781 | PTC-PETBG781J-00 | 128,009 | 129,911 | 3,212 | 5,478 | 3,212 |
| PET TG645 | PTC-PETTG645J-00 | 99,836 | 99,836 | 3,014 | 3,014 | 3,014 |
| PVC S65 | ARCO-PVCS65PP-00 | 140,679 | 142,311 | 3,014 | 7,106 | 3,014 |
| PP HP565S | SHPC-PPHP565SWP-00 | 143,000 | 143,007 | 3,000 | 3,260 | 3,000 |
| PE HDPE 7000F | MEPC-HD7000FWP-00 | 96,309 | 96,309 | 3,520 | 2,596 | 2,530 |
Table III: The total trading volume for last week (Feb. 23-29th) at IME Hall.
| Commodity | Symbol | Min. Price (Rls.) | Sold Price (Rls.) | Offering Volume (tons) | Demanding Volume (tons) | Trading Volume (tons) |
| ABS SD0150 | TABC-ABSSD0150PP-00 | 200,200 | 204,541 | 700 | 1,030 | 700 |
| Epoxy Resin | KZPC-EREPIRAN011PWP-00 | 326,000 | 326,000 | 0 | 10 | 10 |
| Epoxy Resin | KZPC-EREPIRAN011PWP-00 | 326,000 | 326,000 | 50 | 20 | 20 |
| Epoxy Resin Liquid E06 | KZPC-ERE06LSPLG-603 | 421,269 | 423,820 | 35/2 | 114/4 | 35/2 |
| Epoxy Resin Liquid E6 | KZPC-ERE06LG-603 | 347,000 | 347,000 | 0 | 8/8 | 8/8 |
| Epoxy Resin Liquid E6 | KZPC-ERE06LG-603 | 347,000 | 347,000 | 39/6 | 30/8 | 30/8 |
| PBR -1220 | TJPC-PBR1220MP-00 | 159,818 | 159,818 | 1,008 | 567 | 567 |
| PBR -1220 | SHPC-PBR1220WWP-00 | 159,818 | 159,818 | 362/88 | 181/44 | 181/44 |
| PE HDPE | ILPE-HDPE7700MP-00 | 110,095 | 110,095 | 0 | 22 | 22 |
| PE HDPE | LOR-HD54B04WP-00 | 88,814 | 88,814 | 0 | 48 | 48 |
| PE HDPE | ILPE-HDPE7700MP-00 | 110,095 | 110,095 | 0 | 110 | 110 |
| PE HDPE | LOR-HD54B04WP-00 | 88,814 | 88,814 | 0 | 120 | 120 |
| PE HDPE | LOR-HD54B04WP-00 | 88,814 | 88,814 | 1,008 | 192 | 144 |
| PE HDPE | LOR-HD52B18WP-00 | 88,814 | 88,814 | 696 | 144 | 144 |
| PE HDPE | PAM-HDEX3GL-00 | 108,036 | 108,036 | 0 | 440 | 440 |
| PE HDPE | PAM-HDEX3GL-00 | 108,036 | 108,036 | 1,500 | 1,110 | 1,060 |
| PE HDPE 0035 | IPC-HDHB0035J-00 | 98,009 | 99,881 | 66 | 88 | 66 |
| PE HDPE 0035 | IPC-HDHB0035PP-00 | 103,539 | 105,421 | 1,500 | 2,530 | 1,500 |
| PE HDPE 5000S | JPC-HD5000SPP-00 | 96,482 | 96,482 | 0 | 88 | 88 |
| PE HDPE 5000S | JPC-HD5000SPP-00 | 96,482 | 96,482 | 506 | 418 | 418 |
| PE HDPE 5030SA | TABC-HD5030SAPP-00 | 101,888 | 103,964 | 209 | 297 | 209 |
| PE HDPE 52518 | JPC-HD52518PP-00 | 88,814 | 88,814 | 0 | 22 | 22 |
| PE HDPE 52518 | JPC-HD52518PP-00 | 88,814 | 88,814 | 0 | 440 | 440 |
| PE HDPE 52518 | JPC-HD52518PP-00 | 88,814 | 88,814 | 2,310 | 1,628 | 1,518 |
| PE HDPE 7000F | MEPC-HD7000FWP-00 | 96,309 | 96,309 | 0 | 11 | 11 |
| PE HDPE 7000F | ILPE-HD7000FWP-00 | 96,309 | 96,309 | 0 | 88 | 88 |
| PE HDPE 7000F | ILPE-HD7000FWP-00 | 96,309 | 96,309 | 0 | 198 | 198 |
| PE HDPE 7000F | ILPE-HD7000FWP-00 | 96,309 | 96,309 | 0 | 198 | 198 |
| PE HDPE 7000F | MEPC-HD7000FWP-00 | 96,309 | 96,309 | 0 | 319 | 319 |
| PE HDPE 7000F | MEPC-HD7000FWP-00 | 96,309 | 96,309 | 0 | 649 | 649 |
| PE HDPE 7000F | ILPE-HD7000FWP-00 | 96,309 | 96,309 | 1,518 | 1,188 | 1,034 |
| PE HDPE 7000F | MEPC-HD7000FWP-00 | 96,309 | 96,309 | 3,520 | 2,596 | 2,530 |
| PE HDPE BL3 | JPC-HDBL3PP-00 | 96,889 | 97,012 | 506 | 550 | 506 |
| PE HDPE BL3 | MPC-HDBL3PP-00 | 96,482 | 96,482 | 0 | 880 | 880 |
| PE HDPE BL3 | MPC-HDBL3PP-00 | 96,482 | 96,482 | 2,090 | 1,276 | 1,188 |
| PE HDPE BL3 | KEPE-HDBL3WP-00 | 99,000 | 99,637 | 1,824 | 2,304 | 1,824 |
| PE HDPE CRP100B | SHPC-HDCRP100BWP-00 | 120,176 | 120,176 | 0 | 20 | 20 |
| PE HDPE CRP100B | SHPC-HDCRP100BWP-00 | 118,343 | 118,343 | 0 | 20 | 20 |
| PE HDPE CRP100B | SHPC-HDCRP100BWP-00 | 120,176 | 120,176 | 0 | 200 | 200 |
| PE HDPE CRP100B | SHPC-HDCRP100BWP-00 | 120,176 | 120,176 | 1,100 | 480 | 360 |
| PE HDPE CRP100B | SHPC-HDCRP100BWP-00 | 120,176 | 120,176 | 0 | 400 | 400 |
| PE HDPE CRP100N | JPC-HDCRP100NPP-00 | 113,396 | 113,396 | 0 | 44 | 44 |
| PE HDPE CRP100N | JPC-HDCRP100NPP-00 | 113,396 | 113,396 | 0 | 66 | 66 |
| PE HDPE CRP100N | JPC-HDCRP100NPP-00 | 113,396 | 113,396 | 2,486 | 2,442 | 2,376 |
| PE HDPE EX3 | PAM-HDEX3J-00 | 108,036 | 108,036 | 0 | 470 | 470 |
| PE HDPE EX3 | PAM-HDEX3PP-00 | 110,009 | 111,076 | 1,144 | 2,266 | 1,144 |
| PE HDPE EX3 | PAM-HDEX3J-00 | 108,036 | 108,036 | 2,000 | 1,280 | 1,240 |
| PE HDPE EX5 | MPC-HDEX5L-00 | 96,309 | 96,309 | 198 | 220 | 198 |
| PE HDPE EX5 | MPC-HDEX5PP-00 | 96,309 | 96,482 | 616 | 836 | 616 |
| PE HDPE HF5110 | ASPC-HDHF5110WP-00 | 96,309 | 96,309 | 0 | 286 | 286 |
| PE HDPE HF5110 | ASPC-HDHF5110WP-00 | 96,309 | 96,309 | 0 | 352 | 352 |
| PE HDPE HF5110 | ASPC-HDHF5110WP-00 | 96,309 | 96,309 | 2,200 | 1,364 | 1,144 |
| PE LDPE | KRD-LD2426F8WP-00 | 103,682 | 103,682 | 0 | 96 | 96 |
| PE LDPE | KRD-LD2426F8WP-00 | 103,682 | 103,682 | 480 | 384 | 384 |
| PE LDPE 0075 | IPC-LDLH0075J-00 | 141,879 | 145,884 | 20 | 90 | 20 |
| PE LDPE 1922T | LPC-LDEP1922TWP-00 | 106,158 | 106,158 | 0 | 44 | 44 |
| PE LDPE 1922T | LPC-LDEP1922TWP-00 | 106,158 | 106,158 | 264 | 220 | 220 |
| PE LDPE 2102TX00 | LPC-LD2102TX00WP-00 | 110,879 | 113,643 | 2,398 | 4,268 | 2,398 |
| PE LDPE 2420E02 | KRD-LD2420E02PP-00 | 113,229 | 113,664 | 240 | 528 | 240 |
| PE LDPE 2420E02 | KRD-LD2420E02WP-00 | 113,059 | 113,414 | 240 | 720 | 240 |
| PE LDPE 2420F8 | KRD-LD2420F8WP-00 | 109,228 | 109,874 | 1,008 | 1,728 | 1,008 |
| PE LDPE LF0190 | ASPC-LDLF0190WP-00 | 117,259 | 118,716 | 1,606 | 4,488 | 1,606 |
| PE LDPE LF0200 | IPC-LDLF0200J-00 | 135,389 | 137,139 | 20 | 50 | 20 |
| PE LDPE LF0200 | IPC-LDLF0200PP-00 | 144,166 | 145,981 | 800 | 1,770 | 800 |
| PE LDPE LH0030 | ASPC-LDLH0030WP-00 | 131,555 | 135,672 | 44 | 176 | 44 |
| PE LDPE LH0075 | IPC-LDLH0075PP-00 | 144,899 | 146,037 | 700 | 2,170 | 700 |
| PE LDPE LP0470KJ | ASPC-LDLP0470KJWP-00 | 104,913 | 104,913 | 110 | 110 | 110 |
| PE LLDPE | SHPC-LLD0209AAWP-00 | 137,890 | 138,566 | 1,000 | 3,700 | 1,000 |
| PE LLDPE | JPC-LLD235F6PP-00 | 131,589 | 132,703 | 308 | 1,782 | 308 |
| PE LLDPE | MAPE-LLD22B01KJP-00 | 106,000 | 106,796 | 960 | 1,176 | 960 |
| PE LLDPE 22B02 | MAPE-LLD22B02WP-00 | 128,269 | 129,837 | 1,200 | 4,128 | 1,200 |
| PE LLDPE 22B03 | MAPE-LLD22B03WP-00 | 123,239 | 125,127 | 360 | 1,416 | 360 |
| PE LMDPE 3840UA | TABC-MD3840UAPP-00 | 107,777 | 109,856 | 1,001 | 1,826 | 1,001 |
| PET BG781 | PTC-PETBG781J-00 | 128,009 | 129,911 | 3,212 | 5,478 | 3,212 |
| PET Super Bright TG641 | PTC-PETTGSUB641J-00 | 105,834 | 105,834 | 2,002 | 2,002 | 2,002 |
| PET TG641 MOD | PTC-PETTG641MODJ-00 | 102,158 | 102,158 | 1,320 | 1,320 | 1,320 |
| PET TG645 | PTC-PETTG645J-00 | 99,836 | 99,836 | 3,014 | 3,014 | 3,014 |
| PET-BG-821 | PTC-PETBG821J-00 | 129,129 | 133,033 | 2,002 | 4,774 | 2,002 |
| PP | NZCH-PPZB332CPJ-00 | 137,561 | 137,561 | 21 | 21 | 21 |
| PP | PNCO-PPI110WP-00 | 153,111 | 153,111 | 90 | 360 | 90 |
| PP | PNCO-PPPNR230CP-00 | 161,019 | 162,539 | 100 | 240 | 100 |
| PP | RJCO-PPRG1102XKRJ-00 | 153,200 | 153,489 | 565/5 | 1,848/75 | 565/5 |
| PP | NZCH-PPZB548RJ-00 | 156,749 | 161,366 | 147 | 273 | 147 |
| PP | NZCH-PPZB548RP-00 | 160,079 | 163,863 | 220 | 396 | 220 |
| PP | MPC-PPHP525JPP-00 | 139,371 | 139,530 | 660 | 1,782 | 660 |
| PP – ZH510L | NZCH-PPZH510LJ-00 | 151,279 | 152,432 | 504 | 1,113 | 504 |
| PP – ZH550J | NZCH-PPZH550JJ-00 | 151,579 | 151,829 | 504 | 1,449 | 504 |
| PP C30G | MPC-PPC30GPP-00 | 155,888 | 156,567 | 110 | 528 | 110 |
| PP CR380 | PNCO-PPCR380WP-00 | 142,800 | 147,537 | 30 | 70 | 30 |
| PP EP440G | JPPC-PPEP440GWP-00 | 141,815 | 141,815 | 0 | 22 | 22 |
| PP EP440G | JPPC-PPEP440GWP-00 | 141,815 | 141,815 | 440 | 440 | 418 |
| PP EP440L | JPPC-PPEP440LWP-00 | 153,659 | 155,505 | 440 | 858 | 440 |
| PP EP548R | JPPC-PPEP548RWP-00 | 189,999 | 191,415 | 110 | 726 | 110 |
| PP EPX3130UV | JPPC-PPEPX3130UVWP-00 | 170,777 | 170,777 | 110 | 242 | 110 |
| PP EPX548T | JPPC-PPEPX548TWP-00 | 163,519 | 166,198 | 110 | 308 | 110 |
| PP Ext. | MPC-PPEP1X30FPP-00 | 152,666 | 153,431 | 330 | 1,056 | 330 |
| PP Ext. C30S | MPC-PPC30SPP-00 | 153,119 | 154,955 | 198 | 682 | 198 |
| PP Ext.C30S | MPC-PPC30SPP-00 | 150,000 | 150,605 | 946 | 1,958 | 946 |
| PP GPPS | PTJP-PSGPPSG1551PPP-00 | 122,834 | 122,834 | 900 | 303/75 | 281/25 |
| PP HDPE | ILPE-HDPE7700MP-00 | 110,095 | 110,095 | 1,012 | 198 | 198 |
| PP HDPE | ILPE-HDPE7700MP-00 | 110,095 | 110,095 | 0 | 220 | 220 |
| PP HP510L | JPPC-PPHP510LWP-00 | 147,000 | 150,215 | 1,920 | 2,712 | 1,920 |
| PP HP525J | JPPC-PPHP525JWP-00 | 138,831 | 138,940 | 720 | 1,272 | 720 |
| PP HP550J | JPPC-PPHP550JWP-00 | 145,348 | 146,500 | 1,200 | 1,968 | 1,200 |
| PP HP552R | MPC-PPHP552RPP-00 | 147,899 | 148,897 | 1,100 | 2,398 | 1,100 |
| PP HP552R | JPPC-PPHP552RWP-00 | 148,000 | 149,485 | 1,920 | 3,696 | 1,920 |
| PP HP565S | SHPC-PPHP565SWP-00 | 143,000 | 143,007 | 3,000 | 3,260 | 3,000 |
| PP PYI250 | PNCO-PPPYI250WP-00 | 151,999 | 152,876 | 320 | 980 | 320 |
| PP Raffia | RJCO-PPRG1101SRJ-00 | 145,999 | 146,339 | 108/75 | 326/25 | 108/75 |
| PP Raffia | RJCO-PPRG1102XLRJ-00 | 152,379 | 153,154 | 761/25 | 1,740 | 761/25 |
| PP RP340R | JPPC-PPRP340RWP-00 | 150,789 | 152,017 | 440 | 770 | 440 |
| PP RPX345S | JPPC-PPRPX345SWP-00 | 149,815 | 149,815 | 0 | 132 | 132 |
| PP RPX345S | JPPC-PPRPX345SWP-00 | 149,815 | 149,815 | 440 | 308 | 308 |
| PP SF060 | PNCO-PPSF060WP-00 | 155,333 | 156,445 | 500 | 1,660 | 500 |
| PP Z30G | MPC-PPZ30GJ-00 | 147,559 | 147,559 | 22 | 110 | 22 |
| PP Z30G | MPC-PPZ30GPP-00 | 146,789 | 148,236 | 440 | 946 | 440 |
| PP Z30S | SHPC-PPZ30SWP-00 | 152,229 | 152,769 | 400 | 1,180 | 400 |
| PP ZB332C | NZCH-PPZB332CJ-00 | 164,929 | 166,056 | 210 | 399 | 210 |
| PP ZH515MA | NZCH-PPZH515MAJ-00 | 148,059 | 154,253 | 189 | 315 | 189 |
| PP ZR230C | NZCH-PPZR230CJ-00 | 196,789 | 197,625 | 189 | 609 | 189 |
| PP ZR340R | NZCH-PPZR340RJ-00 | 155,589 | 156,079 | 105 | 315 | 105 |
| PP-552R | NZCH-PPZH552RJ-00 | 147,519 | 148,892 | 1,008 | 1,869 | 1,008 |
| PS- E500C | TABC-PSE500CJ-00 | 107,236 | 107,236 | 25 | 25 | 25 |
| PS EPS R310 | ENPC-PSSER310J-00 | 132,281 | 132,281 | 200 | 70 | 70 |
| PS EPS SE1000 | BAN-PSESE1000J-00 | 128,182 | 128,182 | 66 | 66 | 66 |
| PS EPS SE2000 | BAN-PSESE2000J-00 | 131,889 | 131,889 | 88 | 132 | 88 |
| PS GPPS | PTJP-PSGPPSG1551PPP-00 | 122,834 | 122,834 | 0 | 213/75 | 213/75 |
| PS GPPS | PTJP-PSGPPSG1161PPP-00 | 122,834 | 122,834 | 90 | 112/5 | 90 |
| PS GPPS | APK-PSGPPS1309L-00 | 122,834 | 122,834 | 250 | 250 | 250 |
| PS GPPS 1540 | TABC-PSGPS1460PP-00 | 120,255 | 120,255 | 209 | 66 | 44 |
| PS GPPS 1540 | TABC-PSGPS1460PP-00 | 120,255 | 120,255 | 0 | 88 | 88 |
| PS GPPS 1540 | TABC-PSGPPS1540PP-00 | 125,589 | 126,738 | 1,199 | 2,255 | 1,199 |
| PS GPPS MP08 | MPG-PSGPMP08L-00 | 122,834 | 122,834 | 0 | 35 | 35 |
| PS GPPS MP08 | MPG-PSGPMP08L-00 | 122,834 | 122,834 | 500 | 465 | 465 |
| PS HIPS | PPMZ-PSHIPS6045PP-00 | 136,940 | 138,229 | 242 | 286 | 242 |
| PS HIPS 7240 | TABC-PSHIPS7240PP-00 | 144,000 | 144,406 | 803 | 1,947 | 803 |
| PS-400C | TABC-PSE400CJ-00 | 130,879 | 131,523 | 55 | 90 | 55 |
| PSE200 | TABC-PSE200J-00 | 130,752 | 130,752 | 185 | 60 | 40 |
| PSE200 | TABC-PSE200J-00 | 130,752 | 130,752 | 0 | 45 | 45 |
| PS-E300C | TABC-PSE300J-00 | 130,809 | 131,118 | 195 | 210 | 195 |
| PVC E6832 | ARCO-PVCE6834PP-00 | 165,759 | 165,759 | 0 | 22 | 22 |
| PVC E6832 | ARCO-PVCE6834PP-00 | 165,759 | 165,759 | 110 | 88 | 88 |
| PVC E6832 | ARCO-PVCE6834PP-00 | 162,888 | 165,759 | 440 | 924 | 440 |
| PVC S60 | IPC-PVCS60J-00 | 122,011 | 125,164 | 90 | 150 | 90 |
| PVC S60 | IPC-PVCS60PP-00 | 137,011 | 141,299 | 220 | 462 | 220 |
| PVC S60 | IPC-PVCS60PP-00 | 114,123 | 115,501 | 2,002 | 2,662 | 2,002 |
| PVC S65 | IPC-PVCS65J-00 | 147,889 | 148,391 | 70 | 160 | 70 |
| PVC S65 | ARCO-PVCS65WP-00 | 144,444 | 145,286 | 286 | 880 | 286 |
| PVC S65 | GPC-PVCS65J-00 | 144,889 | 145,659 | 1,200 | 3,200 | 1,200 |
| PVC S65 | IPC-PVCS65PP-00 | 147,899 | 148,748 | 1,210 | 3,520 | 1,210 |
| PVC S65 | ARCO-PVCS65J-00 | 140,079 | 140,692 | 2,000 | 4,160 | 2,000 |
| PVC S65 | ARCO-PVCS65PP-00 | 140,679 | 142,311 | 3,014 | 7,106 | 3,014 |
| PVC S70 | IPC-PVCS70PP-00 | 158,939 | 159,820 | 798 | 3,003 | 798 |
| SBR | IPC-LSBR1502RWP-00 | 157,831 | 157,831 | 1,512 | 1,512 | 1,512 |
| SBR 1712 | TJPC-DSBR1712MP-00 | 147,972 | 147,972 | 0 | 210 | 210 |
| SBR 1712 | TJPC-DSBR1712MP-00 | 147,972 | 147,972 | 798 | 483 | 483 |
