Iranian Presidential and the Polymer Markets Challenge; The Indices Say!

Iranian Presidential and the Polymer Markets Challenge; The Indices Say!: The petrochemical plants and their opening ceremonies have all been among the main agenda of the present Iranian President and his men who try to show that the employment crisis in Iran would be solved only by development of the petrochemical industry.  This dilema, by itself, has no problem for either opposite sides of the next election. But the problem starts at the point of disagreement of the candidates  over the rates of job creation by each 1 mt of polymer production.

This (may be) has been one of the reasons for reducing the basic price rates of the supplies offered by PC companies and the assembly which declares the basic and the matching rates for each polymer material. Yesterday, the May 1st, the exchange rate of the US$ was 37650 Rials (about 110 Rials more than April 25th) but, not only there were no base price increase even the dealers watced decrease prices for the base rates.

To check this week’s prices and the amount of polymers purchased, please refer to table 1 below. The prices shown at the following table are based on purchases at the “IME” On April 25th materials’ supply by different PC plants. To compare previous prices, please “Click Here“. Of course after today’s materials deals we will come back to a short analysis.

To have more info about this new sector of pimi.ir portal, please “Click Here“.

Table 1: Materials’ demands, supply and volumes sold out at the “IME” on May 1st 2017.

• Regarding supply of S65-PVC of Ghadir PC, the price of advance purchase for 200 tons, was 31305 Rials,
• whereas the demand for advance purchase was 340 tons;

For the name of the PC Plants (above abbreviations) please refer to the following table (Table 2)

Table 2: The main name of PC plants for abbreviations