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.

	Material Name	Material Application	Material Grade	Producer (PC Name)	Base Offered Price (Rials)	Max. Price (Rials)	Last Ave. Price (Rials)	Offered Supply (Tons)	Demand (Tons)	Vol. Sold (Tons)
		“	BL3	JPC	39388	39619	39439	1012	1122	1012
		“	BL3	PKPC	39388	39388	39388	600	48	48
		“	52518	JPC	39188	39188	39188	3003	814	814
		Rotational	3840UA	SHPC	40755	40960	40809	500	540	500
		Rotational	3840UA	TPC	40951	42700	42317	700	1700	700
		Film	F7000	ILPC	40237	40237	40237	1012	682	572
		“	“	MePC	40237	40237	40237	1320	1342	1320
		“	HF5110	ASPC	40237	40237	40237	1320	66	242
		“	EX5	PKPC	40237	40237	40237	600	72	72
		Extrusion	AK-EX3	AKPC	43155	45223	44919	3000	4930	3000
		“	SH-EX3	SHPC	41932	44059	43471	2000	3300	2000
	LDPE	Film	0075	BIPC	43500	45029	44658	1000	2390	1000
		“	0200	“	43500	43989	43701	1500	1870	1480
		“	0190	ASPC	43500	43500	43500	1320	66	66
		Film	2100TN00	LaPC	47850	48669	48572	216	367	216
		“	2102TX00	LaPC	43500	43500	43500	518	324	238
		“	2420H	AKPC	43500	43500	43500	3300	308	308
		Film	LP0470KJ	ASPC	44211	44211	44211	440	22	22
	LLDPE	Injection	0209AA	AKPC	42259	46009	45409	450	2180	450
	LLDPE	Injection	0209AA	SHPC	42259	42259	42259	506	253	242
	“	“	J-22501AA	JPC	42259	42259	42259	0	154	154
	“	Blowing	22B01	MAPC	42259	42259	42259	600	24	24
	“	“	22B02	MAPC	42259			600	0	0
	PP
		Film	HP525J	MPC
		Film	HP525J	JPC	39419	43360	43360	3982	17754	3982
		Film	ZH525J	NZC
	PP
		Blowing	22B01	MAPC	42259	42259	42259	600	24	24
		Blowing	22B02	MAPC	42259			600	0	0
	PP
		Injection	EPX3130UV	PPJPC	47246	47246	47246	220	66	44
	PP
		Medical	730GA	SHPC	40308	40308	40308	420	20	20
	PP
		Textile	HP510L	PPJPC	36063	42969	42969	330	7370	330
			HP550J	PPJPC	39063	42969	42969	330	4906	330
		“	PPJ-HP552R	PPJPC	39063	42969	42969	330	4224	330
		Textile	RG1102L	RPC	39063	42969	42969	210	2520	210
		“	RG1102XL	RPC	39063	42969	42969	210	2163	210
		“	Z30S	SHPC	39063	42969	42969	200	1620	200
	PVC
		Suspension	S57	ABPC	34435	34435	34435	1000	640	440
		“	S60	BIPC	32870	32870	32870	506	528	418
		“	S65	ARPC	31305	32319	31588	4024	4652	2344
		“	S65	BIPC	31305	31819	31504	2992	3784	2992
		“	S65	GhPC	31305	31422	31355	1200*	1860*	1200*
		“	S70	BIPC	34435	34435	34435	836	132	132
	PVC	Emulsion	E6834	ARPC	33809	40570	40570	198	3388	198
	EPS	Forming	EPS200	TPC	47214	54666	54666	50	390	50
		“	EPS300	“	47214	54889	54501	100	570	100
		“	EPS400	“	45878	53999	53652	50	290	50
	GPS	General	1540	TPC	51173			600	1410	600
		“	1551	TJPCP	51173			400	0	0
	HIPS	Injection	4512	MBIGPC
	“	“	7240	TPC	53656	53656	53656	600	520	490
E N GIN E E R I N G	ABS
		Injection	T0150	TPC	66975			150	250	150
	ABS	Injection	GB-50	GBPC	66975	67979	67748	55	105	55
	“		GB-75	“	78622			30	0	0
	PET	Blowing	BG781	TGPC	35464	35464	35464	3806	3707	3619
	“	“	BG821	“	37215	37215	37215	2398	2277	2211
	“	“	BG841	“	37215			506	462	0
	“	Fibre	TG641	“	32892	32892	32892	2002	154	154
	“	“	TG645	“	31905	31905	31905	1804	1078	1078
R U B B E R S	SBR	Rubber Ind.	1500 Dark	BIPC	68467			1871	0	0
	“	“	1502 Light	“	68467			2170	210	210
	“	“	1712 Dark	“	63131			493	0	0
	“	“	1502 Light	TJPC	68467			302	0	0
	“	“	1712 Dark	TJPC	63131			470	0	0
	PBR	Rubber Ind.	1220	TJPC	70868			302	0	0

• 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

Abbr.	Name	Website
ABPC	Abadan	http://www.abadan-petro.com
AKPC	Amir Kabir	http://www.akpc.ir
ARPC	Arvand PVC	http://arvandpvc.ir
BPC	Bandar Imam	http://bipc.org.ir http://iranpetrotech.com
ILPC	Ilam	http://www.ilampetro.com
JPC	Jam	http://www.jpccomplex.ir
GhPC	Ghadir	http://www.ghpc.ir
GBPC	Ghaed Basir	http://www.gbpc.net
LPC	Lorestan	http://lpc.co.ir
MAPC	Mahabad	http://www.mapc.ir
MePC	Mehr	http://mehrpc.com
MPC	Marun	http://www.mpc.ir
NZC	NavidZarChimi	http://navidzarchimi.com
PNPC	PolyNar	http://polynar.com
RPC	Rejal	http://www.rejalpetro.com
SHPC	Shazand	http://arpc.ir
TGPC	Tondgooyan	http://www.stpc.ir
TJPC	Takhte Jamshid	http://www.tjpc.ir
TJPPC	Takhte Jamshid Pars	http://www.tjpa-pc.com/en/home
TPC	Tabriz	http://tpco.ir