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The New Christian Year Affected The Iranian Polymer Market

The New Christian Year Affected The Iranian Polymer Market

Written By : Editorial
Reading time : 13 minutes

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Today on Sun. Dec. 29th, 2019, the PDID Office of NPC announced the basic prices for polymer and chemicals for one week till Sun. Jan/ 2020. In fact this price list the last one for the year 2019.

These prices will be based on trades of polymers and chemicals at the petrochemical hall of IME.
Usually the PDID office uses two factors to discover or determine the base prices. One factor is the average value of the US$ at the official system that is called “NIMA” System. The other factor is the global price of polymers. But due to this week’s season holidays in most countries of the world the global prices were not taken into account, for price definitions.
This resulted in raising of the polymer prices totally based on the average value of US$ and the US dollar rate was based on today’s NIMA system of Rls. 114,118, which had an increase of about 1.34% compared to last week (Rls. 1,536).
The various ways that the PDID office uses for determination of the weekly prices of polymer materials further illustrates that the office is implementing policies that dictated to it to prioritize petrochemical executive’s policies, and this lack of independence and a unified approach is essentially the concept of controlling the conversion industry based on the preferences of large capitalists and material market speculators.

A look at last week’s trading figures at the IME petrochemical hall shows that the total number of successful bids (159 out of 181) once again has been the lowest number of successful bids at this year. Out of these 159 successful bids, different types of PE have had the highest attractiveness for the dealers with a total number of 63 times of trading at the IME hall. Of course HDPE has recorded by 36 times.

With respect to the highest volume trading at one time, the first 3 commodities have been:

1- PET TG645 with the total supply of 5.500 tons by 4.246 tons of demand and a trading volume of 4.070 tons without any competition. This material was traded by Rls. 89.061.

2- PVC S65 which was supplied by 2.508 tons by Arak PC, whereas an amount of 4.928 tons of demand was recorded for it, and so was traded by 2.508 tons and apparently with a competitive price of Rls 108.367 which was higher than Rls. 107.555.

3- PVC S65 of Ilam PC with a supply of 2.508 tons experienced a small competitive of Rls. 473 at Rls. 97.931 and traded for all 2.508 where its demand was recorded at 4.664 tons.

Table 1: The new base prices of Dec. 29th for the materials with the incremental prices in comparison with that of last week.

Commodity Last Week’s Prices (Rls.)22.12.2019 This Week’s Prices (Rls.)29.12.2019 % Change Variation Week-Week(Rls.)
SBR 1502 137.567 142.205 3.37 4.638
PET BG-825 95.969 97.279 1.37 1.310
PVC S-70 91.490 92.738 1.36 1.248
PVC S-65 86.311 87.489 1.36 1.178
PVC S-60 89.763 90.988 1.36 1.225
PVC S-57 91.490 92.738 1.36 1.248
PP Texture 99.448 100.805 1.36 1.357
PP Chemical 114.635 116.199 1.36 1.564
PET BG-821 98.756 100.103 1.36 1.347
PET –BG785 92.486 93.748 1.36 1.262
PET BG-781 94.315 95.601 1.36 1.286
LLDPE 82.755 83.884 1.36 1.129
LDPE  Film 88.439 89.646 1.36 1.207
HDPE Injection  79.921  81.011 1.36 1.090
HDPE Film 85.220 86.383 1.36 1.163
HDPE Extrusion (PE80) 91.274 92.519 1.36 1.245
HDPE Extrusion (PE 100) 96.757 97.077 1.36 1.320
HDPE Blown 81.979 83.098 1.36 1.119
HDPE – Rotation 87.660 88.856 1.36 1.196
GPPS 107.915 109.388 1.36 1.473
EPS 112.862 114.402 1.36 1.540
ABS 143.103 145.055 1.36 1.952

Table 2: The following table shows all ODTv figures for material trading between Sun. Dec. 22nd. and Sat. Dec. 28th. 2019.

Commodity Symbol Min. Price (Rls.) Price Sold (Rls.) Offering Volume (tons) Demanding Volume (tons) Trading Volume (tons)
ABS  SD0150 TABC-ABSSD0150PP-00 147,777 148,298 400 580 400
ABS N-50 GBPC-ABS50NWP-00 151,679 152,335 120 260 120
Epoxy Resin KZPC-EREPIRAN011PWP-00 290,000 290,000 60 50 50
Epoxy Resin Liquid  E06 KZPC-ERE06LSPLG-603 318,000 318,000 0 22 22
Epoxy Resin Liquid E06 KZPC-ERE06LSPLG-603 318,000 318,000 118/8 79/2 61/6
Epoxy Resin Solid E01X75LC KZPC-ERE1X75LCG-603 269,579 272,820 101/2 123/2 101/2
HIGH IMPACT POLYSTYRENE 7240 TABC-PSHIPS7240PP-00 116,366 116,773 902 1,298 902
PBR-1220 TJPC-PBR1220WWP-00 149,630 149,630 241/92 362/88 241/92
PBR-1220 SHPC-PBR1220WWP-00 149,630 149,630 322/56 322/56 322/56
PC KZPC-PGPC1012URZP-603 284,000 284,000 0 5 5
PC KZPC-PGPCLEDZP-00 292,000 292,000 40 10 10
PC KZPC-PGPC1012URZP-603 284,000 284,000 0 20 20
PC KZPC-PGPCLEDZP-00 292,000 292,000 0 20 20
PC KZPC-PGPC1012URZP-603 284,000 284,000 0 40 40
PC KZPC-PGPC1012URZP-603 284,000 284,000 200 60 60
PE HDPE ILPE-HDPE7700MP-00 94,429 94,429 0 22 22
PE HDPE ILPE-HDPE7700MP-00 94,429 94,429 0 66 66
PE HDPE ILPE-HDPE7700MP-00 94,429 94,429 0 154 154
PE HDPE ILPE-HDPE7700MP-00 94,429 94,429 1,518 1,100 814
PE HDPE 5000S JPC-HD5000SPP-00 81,979 81,979 0 22 22
PE HDPE 5000S JPC-HD5000SPP-00 81,979 81,979 638 176 154
PE HDPE 52518 JPC-HD52518PP-00 84,555 85,246 1,518 2,486 1,518
PE HDPE 54B04UV LOR-HD54B04UVWP-00 84,889 85,371 120 264 120
PE HDPE 60511UV JPC-HD60511UVPP-00 82,060 82,060 0 22 22
PE HDPE 60511UV JPC-HD60511UVPP-00 82,060 82,060 132 22 22
PE HDPE 62N07UV LOR-HD62N07UVWP-00 82,060 82,060 0 72 72
PE HDPE 62N07UV LOR-HD62N07UVWP-00 82,060 82,060 1,200 1,200 1,128
PE HDPE 7000F ILPE-HD7000FWP-00 85,220 85,220 0 22 22
PE HDPE 7000F MEPC-HD7000FWP-00 85,220 85,220 0 66 66
PE HDPE 7000F MEPC-HD7000FWP-00 85,220 85,220 0 176 176
PE HDPE 7000F MEPC-HD7000FWP-00 85,220 85,220 0 275 275
PE HDPE 7000F ILPE-HD7000FWP-00 85,220 85,220 1,012 462 374
PE HDPE 7000F MEPC-HD7000FWP-00 85,220 85,220 2,706 2,200 2,013
PE HDPE BL3 KEPE-HDBL3WP-00 81,979 81,979 0 288 288
PE HDPE BL3 JPC-HDBL3PP-00 83,379 83,770 1,012 1,540 1,012
PE HDPE BL3 KEPE-HDBL3WP-00 81,979 81,979 2,208 1,968 1,920
PE HDPE CRP100B SHPC-HDCRP100BWP-00 101,798 101,938 1,000 1,200 1,000
PE HDPE CRP100N JPC-HDCRP100NPP-00 96,757 96,757 0 22 22
PE HDPE CRP100N JPC-HDCRP100NPP-00 96,757 96,757 0 286 286
PE HDPE CRP100N JPC-HDCRP100NPP-00 96,757 96,757 1,870 1,364 990
PE HDPE EX3 PAM-HDEX3J-00 92,183 92,183 0 210 210
PE HDPE EX3 PAM-HDEX3J-00 92,183 92,183 2,000 2,110 1,790
PE HDPE EX5 MPC-HDEX5PP-00 85,220 85,220 0 22 22
PE HDPE EX5 KEPE-HDEX5WP-00 85,220 85,220 624 312 240
PE HDPE EX5 MPC-HDEX5PP-00 85,220 85,220 1,012 440 242
PE HDPE HF5110 ASPC-HDHF5110WP-00 85,220 85,220 0 44 44
PE HDPE HF5110 ASPC-HDHF5110WP-00 85,220 85,220 0 44 44
PE HDPE HF5110 ASPC-HDHF5110WP-00 85,220 85,220 1,100 770 660
PE HDPE HI0500 IPC-HDHI0500PP-00 79,921 79,921 0 270 270
PE HDPE HI0500 IPC-HDHI0500PP-00 78,965 78,965 1,000 1,000 1,000
PE HDPE HI0500 IPC-HDHI0500PP-00 79,921 79,921 2,500 2,340 2,230
PE LDPE 1922T LPC-LDEP1922TWP-089 89,324 89,324 0 22 22
PE LDPE 1922T ASPC-LDEP1922TWP-00 89,324 89,324 88 66 66
PE LDPE 1922T LPC-LDEP1922TWP-089 89,324 89,324 242 132 88
PE LDPE 2100TN00 LPC-LD2100TN00WP-089 94,339 95,168 330 528 330
PE LDPE 2102TX00 LPC-LD2102TX00WP-089 88,439 88,439 0 198 198
PE LDPE 2102TX00 LPC-LD2102TX00WP-089 88,439 88,439 2,794 1,848 1,672
PE LDPE 2420F3 KRD-LD2420F3WP-00 92,861 92,861 0 24 24
PE LDPE 2420F3 KRD-LD2420F3WP-00 92,861 92,861 0 24 24
PE LDPE 2420F3 KRD-LD2420F3WP-00 92,861 92,861 0 48 48
PE LDPE 2420F3 KRD-LD2420F3WP-00 92,861 92,861 1,536 360 168
PE LDPE LF0190 ASPC-LDLF0190WP-00 92,999 93,859 1,100 2,002 1,100
PE LDPE LF0200 IPC-LDLF0200PP-00 96,140 100,238 1,100 1,960 1,100
PE LDPE LH0075 IPC-LDLH0075PP-00 100,123 101,369 1,200 2,170 1,200
PE LLDPE SHPC-LLD0209AAWP-00 95,888 97,389 1,000 1,740 1,000
PE LLDPE 22B01 MAPE-LLD22B01WP-00 82,755 82,755 0 24 24
PE LLDPE 22B01 MAPE-LLD22B01WP-00 82,755 82,755 0 120 120
PE LLDPE 22B01 MAPE-LLD22B01WP-00 82,755 82,755 0 552 552
PE LLDPE 22B01 MAPE-LLD22B01WP-00 82,755 82,755 2,400 1,584 1,584
PE LLDPE 22B02 MAPE-LLD22B02WP-00 87,419 87,960 1,440 2,424 1,440
PE LLDPE 22B03 MAPE-LLD22B03WP-00 82,755 82,755 0 24 24
PE LLDPE 22B03 MAPE-LLD22B03WP-00 82,755 82,755 0 288 288
PE LLDPE 22B03 MAPE-LLD22B03WP-00 82,755 82,755 960 528 456
PE LLDPE LL0209AA PAM-LLD0209AAL-00 101,299 101,579 2,000 4,530 2,000
PE LMDPE 3840UA TABC-MD3840UAPP-00 87,709 88,097 1,001 1,078 1,001
PET BG781 PTC-PETBG781J-00 95,315 95,690 1,518 1,936 1,518
PET BG785 PTC-PETBG785J-00 93,159 93,565 660 1,672 660
PET BG825 PTC-PETBG825J-00 95,969 95,969 0 66 66
PET BG825 PTC-PETBG825J-00 95,969 95,969 2,002 726 682
PET Super Bright TG641 PTC-PETTGSUB641J-00 94,386 94,386 0 880 880
PET Super Bright TG641 PTC-PETTGSUB641J-00 94,386 94,386 2,002 990 990
PET Super Bright TG645 PTC-PETTGSUB645J-00 91,637 91,637 0 22 22
PET Super Bright TG645 PTC-PETTGSUB645J-00 91,637 91,637 1,012 990 990
PET TEXTILE GRADE641 PTC-PETTG641J-00 90,864 90,864 506 506 506
PET TG641 MOD PTC-PETTG641MODJ-00 91,122 91,122 506 506 506
PET TG645 PTC-PETTG645J-089 89,061 89,061 0 1,430 1,430
PET TG645 PTC-PETTG645J-089 89,061 89,061 5,500 4,246 4,070
PET-BG-821 PTC-PETBG821J-00 98,756 98,756 0 22 22
PET-BG-821 PTC-PETBG821J-00 98,756 98,756 0 22 22
PET-BG-821 PTC-PETBG821J-00 98,756 98,756 1,012 858 748
POLYCARBONATE0710 KZPC-PGPC0710ZP-603 277,599 278,538 60 75 60
PP PNCO-PPPNR230CP-00 126,919 127,816 160 380 160
PP MPC-PPEP1X30FPP-00 108,920 109,886 264 858 264
PP  EPX548T JPPC-PPEPX548TWP-00 117,416 117,416 0 198 198
PP  EPX548T JPPC-PPEPX548TWP-00 117,416 117,416 440 242 242
PP – HP510L SHPC-PPHP510LPJ-00 96,464 96,464 60 60 60
PP – ZH510L NZCH-PPZH510LJ-00 104,099 104,299 315 1,155 315
PP – ZH525J NZCH-PPZH525JJ-00 104,547 104,547 1,008 1,071 1,008
PP – ZH550J NZCH-PPZH550JJ-00 99,451 100,015 252 483 252
PP EP440G JPPC-PPEP440GWP-00 114,635 114,635 0 88 88
PP EP440G JPPC-PPEP440GWP-00 114,635 114,635 440 154 154
PP EP440L JPPC-PPEP440LWP-00 132,635 134,110 110 616 110
PP EP548R JPPC-PPEP548RWP-00 134,889 135,378 198 1,012 198
PP EPC40R SHPC-PPEPC40RWP-00 150,889 153,726 140 360 140
PP EPX3130UV JPPC-PPEPX3130UVWP-00 128,897 128,897 110 154 110
PP EX C30S MPC-PPC30SPP-089 103,600 104,007 176 506 176
PP EX C30S MPC-PPC30SL-00 102,119 102,781 440 880 440
PP EX C30S MPC-PPC30SWP-00 106,229 106,953 660 2,244 660
PP HP510L JPPC-PPHP510LJ-00 100,641 100,827 360 480 360
PP HP510L SHPC-PPHP510LWP-00 99,779 102,426 760 1,120 760
PP HP510L JPPC-PPHP510LWP-00 102,769 104,076 1,824 3,744 1,824
PP HP525J JPPC-PPHP525JWP-00 104,547 104,547 960 960 960
PP HP550J JPPC-PPHP550JWP-00 101,869 102,375 264 624 264
PP HP550J JPPC-PPHP550JJ-00 99,448 99,448 400 400 400
PP HP552R MPC-PPHP552RPP-089 115,619 115,992 286 1,144 286
PP HP552R MPC-PPHP552RPP-00 114,519 115,060 770 2,618 770
PP HP552R JPPC-PPHP552RWP-00 111,111 111,850 1,200 3,504 1,200
PP MR230C MPC-PPMR230CPP-00 148,119 148,319 110 462 110
PP POWDER HP550J MPC-PPHP550JPP-00 99,949 100,564 220 726 220
PP PYI250 PNCO-PPPYI250WP-00 110,789 113,054 380 1,040 380
PP RG1102XK RJCO-PPRG1102XKJ-00 103,969 104,449 357 1,134 357
PP RG1102XL RJCO-PPRG1102XLWP-00 103,999 104,461 110 528 110
PP RG3212E RJCO-PPRG3212EWP-00 149,000 149,688 330 902 330
PP RPX345S JPPC-PPRPX345SWP-00 123,600 124,309 220 330 220
PP SF060 PNCO-PPSF060WP-00 107,141 108,193 380 1,520 380
PP Z30S MPC-PPZ30SPP-00 113,983 114,403 330 1,430 330
PP ZB332C NZCH-PPZB332CJ-00 125,559 126,102 210 378 210
PP ZH515MA NZCH-PPZH515MAJ-00 106,400 106,400 147 147 147
PP ZR230C NZCH-PPZR230CJ-00 149,789 150,274 210 735 210
PP ZR340R NZCH-PPZR340RJ-00 118,849 119,163 210 273 210
PP-552R NZCH-PPZH552RJ-00 116,269 117,240 315 1,344 315
PS EPS R200 ENPC-PSSER200J-089 110,591 110,591 0 20 20
PS EPS R200 ENPC-PSSER200J-089 110,591 110,591 200 50 50
PS EPS R310 ENPC-PSSER310J-089 110,591 110,591 0 20 20
PS EPS R310 ENPC-PSSER310J-089 110,591 110,591 100 30 20
PS EPS-200 TABC-PSE200J-00 115,115 115,389 25 55 25
PS EPS-200 TABC-PSE200J-00 112,862 113,060 35 40 35
PS EPS-300C TABC-PSE300J-00 112,862 112,862 0 20 20
PS EPS-300C TABC-PSE300J-00 115,359 115,458 30 100 30
PS EPS-300C TABC-PSE300J-00 112,862 112,862 70 90 30
PS EPS-400C TABC-PSE400CJ-00 104,686 104,686 105 105 95
PS GPPS PTJP-PSGPPSG1551PPP-00 105,413 105,413 472/5 303/75 303/75
PS GPPS APK-PSGPPS1309L-00 105,413 105,413 0 5 5
PS GPPS PTJP-PSGPPSG1551PPP-00 105,413 105,413 0 112/5 112/5
PS GPPS APK-PSGPPS1309L-00 105,413 105,413 250 160 160
PS GPPS 1540 TABC-PSGPPS1540PP-00 107,289 107,440 1,001 1,804 1,001
PS HIPS PPMZ-PSHIPS6045PP-00 113,618 114,593 110 176 110
PS Self Retarding F100 ENPC-PSSEF100J-089 110,998 110,998 0 10 10
PS Self Retarding F100 ENPC-PSSEF100J-089 110,998 110,998 400 30 20
PS Self Retarding F300 ENPC-PSSEF300J-089 110,998 110,998 100 50 50
PVC E6832 ARCO-PVCE6834PP-00 117,579 117,579 88 66 66
PVC E6832 ARCO-PVCE6834PP-00 115,006 117,579 374 858 374
PVC S65 GPC-PVCS65J-00 98,746 99,492 1,000 1,580 1,000
PVC S65 ARCO-PVCS65J-00 96,779 98,929 1,500 2,260 1,500
PVC S65 GPC-PVCS65J-00 101,689 102,473 2,000 3,580 2,000
PVC S65 ARCO-PVCS65WP-00 107,555 108,367 2,508 4,928 2,508
PVC S65 IPC-PVCS65PP-00 104,123 104,596 2,508 4,664 2,508
SBR IPC-LSBR1502RWP-00 137,567 137,567 806/4 806/4 806/4
SBR 1712 TJPC-DSBR1712RWP-00 145,626 145,626 504 423/36 423/36

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