Little increase in the value of US$ for base price calculation of the last week’s market (US$ changed from 37.700 to 37.730 Rials, about 1 cent increase) resulted in 0.05% up to 1.8% increase in prices of different polymers. The only decrease in price recorded for LLDPE by – 0.1% (22 Rials) and other polymer prices bouncing between 0.0% to 1.8% increase.
Notice: Increasing in the grade number, diversity, and sub-grades, also very high fluctuation and fast daily changes in prices of polymers in the Iranian market and another survey run by the editorial team, ended to the conclusion that we should stop (at least for a while) publishing this weekly market news in previous format. PIMI is still young and is broadcast from Iran by all its challenges and limitations. So we are still in the evolution phase, even we had a new record of 46611 views (the image at the bottom of this page) just yesterday on July 22nd, 2017).
So from this week we will try this new format and will present you with a short analysis and the image of the latest changes in the free market, on a daily basis. Hoping this will be more convenient for our viewers in the 5 continents of the world.
The Market: Last week, the polymer market encountered about 8% decline by 4311 less trade volume. Even the total volume still remained above 45000 tons and more than 65% of the supplies were purchased (3% less than two weeks ago) and 27 out of 85 offered grades. At the same period there was a high increase in demand decline by more than 16000 tons, also the offered volume had a 3588 decrease in comparison to last week.
Whereas, increase in supply was almost last week, the highest decline in supply belonged to the PVC group by 2320 tons, which was due to lack of supplies for suspension grades 57 & 60 of PVC, also the LLDPE with 1630 tons and film grade of HDPE with 1540 tons faced with lower supply.
Considering competitive supplies, it is several weeks and months that two PP grades of ZR230C AND ZB332C have always been faced with about 10% higher competitive prices. Both grades are used for production of pipes and fittings and usually have been traded with unfair competitive between black market and true producers. A weak point for production planning at three petrochemicals.
Table 1: Comparison Table for weeks: July 9th – 16th (2 weeks ago) and July 16th – 23rd, 2017 (last week)
| Comparison table for polymer markets in Iran between two above weeks | |||
| PIMI.IR Portal | 2 Weeks ago | Last Week | Deviation (+ / -) |
| Total offers (tons) | 73821 | 69594 | -3588 |
| Total Demands (tons) | 107184 | 60560 | -16624 |
| Trade Volume (tons) | 49823 | 45512 | -4311 |
Chart 1: Comparison Chart for weeks: July 9th – July 16th (2 weeks ago) and July 16th – 23rd, 2017 (last week)
The following table shows the latest polymer prices for today July 23rd at the free market. The prices are in Tooman (1T=10 Rials) and the figures in brackets are prices deviations (+ or -). Those who can’t find the codes can write us at info@pimi.ir.
HDPE 0035 = 40,850 [➕400]
EX5 Jam = 42,100 [➕100]
EX5 Marun = 40,600 [➕100]
F7000 Mehr = 43,400 [-100]
F7000 Ilam = 43,000 [0]
Bl3 Jam = 44,200 [0]
Bl3 Marun = 43,000 [-100]
Bl3 Bakhtar = 41,400 [-100]
LDPE F0075 = 49,100 [➕500]
LDPE F020 = 47,100 [➕800]
LF 190 = 45,500 [➕300]
HDPE Inj 52518 = 41,000 [➕400]
LDPE F2420h = 45,900 [➕100]
2102 = 43,500 [-300]
2200 = 41,500 [0]
LLDPE 209 Amir = 44,300 [200]
LLDPE 209 Arak = 42,600 [-200]
EX3 Amir Base = 46,500 [0]
EX3 Arak Base = 46,200 [0]
PE100 Maroun Base = 44,300 [0]
Z30s Mar = 44,200 [-200]
C30s = 43,800 [▫️0]
Z30s Ar = 44,100 [?-100]
PS 3840 Tabriz = 41,900 [➕800]
7240 = 56,000 [➕700]
1540 = 53,250 [➕100]
1551 = 52,100 [➕100]
781 = 43,000 [➕1000]
785 = 42,300 [➕300]
821 = 42,800 [▫️0]
825 = 42,400 [➕200]
552R Jam = 43,900 [▫️0]
552R Arak = 44,000 [➕100]
552R Maroun = 44,100 [➕200]
510L Jam = 44,100 [▫️0]
10720 = 83,500 [0]
10415 = 83,500 [0]
548R = 48,800 [➕4000]
RP340 = 52,000 [0]
440L = 50,000 [➕100]
N50 = 80,400 [100]
332C = 61,500 [-500]
PVC S65 Ghadir = 36,700 [➕100]
PVC S65 Arvand = 36,700 [➕100]
PVC S65 Arvand = 35,700 [➕100]
PVC S65 Bandar = 35,700 [➕100]
ABS150 = 85,000 [0]
