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The Riots Had No Effect Over Converting Industries And Trading Volumes

The Riots Had No Effect Over Converting Industries And Trading Volumes

Written By : Editorial
Reading time : 28 minutes

192

30

Despite the slight decrease in the average US$ value by 0.43% and the drop in the world prices for polymers by about 2%, it was expected that the declining trend of the polymer base prices to continue this week, like many other weeks in the last few months, in the Iranian market. But it seems that the conditions created by rising of the US$ value in the free-market, increasing the gasoline prices that created one week of demonstrations with huge damages to the infrastructures and social buildings, and its psychological impact on the country’s macroeconomic complex, and so on, has led to a peak in the polymer market during last week.
Today the officials at the PDID office of NPC concluded that they do not have to follow exactly their conventional formula for polymer base price definition, and as a result we saw price increases in most grades. However, it must be admitted that this price increase was, in most cases, minor. Overall, we can see a slight upward trend in the base prices of polymers in the Iranian market, as global prices continued to decline last week.
However, the authorities that uncover the polymers’ base prices and have long history in surprising the industry owners and marketers, by raising prices on the Iranian market in spite of the global trend and despite the slight increase in the US$ value, showed that they are assured of buying high volumes of polymers in this coming week.
Now let’s take a look at the most marketed polymers on the last week of November in Iran. These prices have been announced for Sun. Nov. 24th till Sunday December 1st, 2019.

At the raising side of the prices, many market manipulators surprised by some new base prices.

PBR with 2.6% increase stood at the top of the table of the highest increased price list and its price reached to Rls. 131,735 (about 1.2 US$)/Kg.

Bright grade of SBR with 1.8% was the 2nd one in the table, and LLDPE with 1.23% found a new price of Rls. 83.778 that surprised the buyers since no one could guess that the price of this polymer may increase at this level.

After these 3 polymers, the rotational grade of HDPE with 1.2% and the extrusion grade of HDPE with 1.1% increase were at the next rows.

At the decremented side of the base prices 5 groups of polymers were noticed. To be short, we brief this side with the following list:

1- HDPE extrusion grade of PE 80 with 2.8% reached to Rls. 88,438;

2- HDPE blowing grade with 0.8%

3- HDPE film grade with 0.3%;

4- HDPE injection grade with 0.2%

5- HIPS with 0.1%

Were the other polymers that its prices decreased for the good sake of the converters. 

Now the other important points are that:

1- For this week, due to all that happened during last week, we were not convinced to publish the free market prices. Because, during last week (Sat. Nov. 16th till yesterday, Nov. 23rd) almost the country was faced with demonstrations of the angry people about the increased fuel prices. These demonstrations that scattered into about 100 large and medium size cities, including Tehran, Mashhad, Isfahan, Shiraz, Ahvaz and many other cities that are also industrial zones, turned to some riots and damages so that the Iran Supreme National Security Council had to shut-off all internet lines in order to prevent hundreds of allegations.

2- The above decision resulted in a great market loss for many businesses that their operations are dependent to the internet.

3- Amazingly, the effect of all these situation over the converting industries was very negligible as the IME petrochemical hall run 202 times of polymer bids out of which 185 times ended to deals starting from 5 tons/deal up to more than 3000 tons, that is almost like other weeks.

4- The highest purchases in one deal belonged to:

A) LLDPE of Amirkabir PC with 3,102 tons in one deal with a small competition (Rls. 91,056 traded with Rls. 91.785), although the amount of demand (5.434 tons) was much more than what was offered (3,102 tons);

B) HDPE of Amirkabir PC with 3,036 tons out of 4,004 tons without any competition at Rls. 100,095 and 3,146 tons demand;

C) PVC S65 of Ilam PC with 2,816 tons out of 4,114 tons of demand and a very small competition (Rls. 78,689 offering that traded for Rls. 78,916).

All these show the potential capacity of the Iranian converting industries.

 

Commodity

Symbol

Min. Price (Rls.)

Sold Price (Rls.)

Offering Volume (tons)

Demanding Volume (tons)

Trading Volume (tons)

ABS

TABC-ABSSV0157W2901PP-00

136,326

136,326

150

60

60

ABS N-50

GBPC-ABS50NWP-00

129,433

129,433

120

50

50

ABS N-50

GBPC-ABS50NWP-00

129,433

129,433

0

20

20

ABS SD0150

TABC-ABSSD0150PP-00

129,433

129,433

400

180

180

ABS SD0150

TABC-ABSSD0150PP-00

129,433

129,433

0

20

20

Epoxy Resin

KZPC-EREPIRAN011PWP-00

290,000

290,000

80

15

15

Epoxy Resin

KZPC-EREPIRAN011PWP-00

290,000

290,000

0

5

5

Epoxy Resin

KZPC-ERE01X70G-603

240,000

240,000

22

8/8

8/8

Epoxy Resin Solid  E01X75LC

KZPC-ERE1X75LCG-603

265,000

265,000

0

8/8

8/8

Epoxy Resin Solid E01X75LC

KZPC-ERE1X75LCG-603

265,000

265,000

35/2

17/6

17/6

Epoxy Resin Solid E01X75LC

KZPC-ERE1X75LCG-603

265,000

265,000

0

4/4

4/4

Epoxy Resin Solid E01X75LC

KZPC-ERE1X75LCG-603

265,000

265,000

0

4/4

4/4

Epoxy Resin Special Liquid E06

KZPC-ERE06LSPLG-603

318,000

318,000

105/6

44

44

Epoxy Resin Special Liquid E06

KZPC-ERE06LSPLG-603

318,000

318,000

0

26/4

26/4

Epoxy Resin Special Liquid E06

KZPC-ERE06LSPLG-603

318,000

318,000

0

13/2

13/2

Epoxy Resin Special Liquid E06

KZPC-ERE06LSPLG-603

318,000

318,000

0

4/4

4/4

LMDPE 3840UA

TABC-MD3840UAPP-00

85,699

86,879

759

1,463

759

PC

KZPC-PGPC0710URZP-603

274,000

274,000

130

35

35

PC

KZPC-PGPC0710URZP-603

274,000

274,000

0

25

25

PC

KZPC-PGPC1012URZP-603

274,000

274,000

130

25

25

PC

KZPC-PGPC1012URZP-603

274,000

274,000

0

10

10

PE  LDPE 1922T

LPC-LDEP1922TWP-089

88,762

88,762

110

110

110

PE  LDPE 1922T

ASPC-LDEP1922TWP-00

88,762

88,762

110

66

66

PE  LDPE 1922T

LPC-LDEP1922TWP-089

88,688

88,688

0

22

22

PE  LDPE 2100TN00

LPC-LD2100TN00WP-089

92,272

92,289

286

308

286

PE  LDPE 2102TX00

LPC-LD2102TX00WP-00

90,429

90,935

1,584

2,266

1,584

PE  LDPE 2420E02

KRD-LD2420E02WP-00

90,909

91,333

960

1,632

960

PE  LDPE 2420F8

KRD-LD2420F8WP-00

89,259

89,998

336

552

336

PE  LDPE LF0190

ASPC-LDLF0190PP-00

94,500

94,746

902

2,794

902

PE  LDPE LF0200

IPC-LDLF0200PP-00

93,333

93,989

1,200

2,360

1,200

PE  LDPE LH0075

IPC-LDLH0075PP-00

94,333

94,687

900

2,120

900

PE  LDPE LP0470KJ

ASPC-LDLP0470KJPP-00

89,361

89,361

0

44

44

PE  LDPE LP0470KJ

ASPC-LDLP0470KJPP-00

89,361

89,361

0

22

22

PE  LDPE LP0470KJ

ASPC-LDLP0470KJPP-00

89,361

89,361

110

22

22

PE HDPE

ASPC-HDHF5110P-00

86,620

87,319

1,210

1,760

1,210

PE HDPE 0035

IPC-HDHB0035PP-00

85,534

85,836

2,000

3,140

2,000

PE HDPE 0035

IPC-HDHB0035J-00

82,913

82,913

0

130

130

PE HDPE 0035

IPC-HDHB0035J-00

82,913

82,913

200

90

70

PE HDPE 5000S

JPC-HD5000SPP-00

82,913

82,913

506

154

110

PE HDPE 5000S

JPC-HD5000SPP-00

82,913

82,913

0

22

22

PE HDPE 52502SU

JPC-HD52502SUPP-00

78,964

78,964

0

132

132

PE HDPE 52502SU

JPC-HD52502SUPP-00

78,964

78,964

220

22

22

PE HDPE 52518

JPC-HD52518PP-00

88,099

88,485

1,298

2,882

1,298

PE HDPE 54B04UV

LOR-HD54B04UVWP-00

77,896

77,896

480

336

336

PE HDPE 54B04UV

LOR-HD54B04UVWP-00

77,896

77,896

0

144

144

PE HDPE 62N07UV

LOR-HD62N07UVWP-00

80,909

81,561

960

1,944

960

PE HDPE 7000F

MEPC-HD7000FWP-00

89,100

89,577

1,518

3,575

1,518

PE HDPE 7000F

ILPE-HD7000FWP-00

86,800

87,515

1,012

1,826

1,012

PE HDPE BL3

JPC-HDBL3PP-00

82,913

82,913

1,012

1,012

990

PE HDPE BL3

MPC-HDBL3PP-00

82,913

82,913

880

748

682

PE HDPE BL3

KEPE-HDBL3WP-00

87,113

87,619

480

1,272

480

PE HDPE BL3

MPC-HDBL3PP-00

82,913

82,913

0

198

198

PE HDPE BL3

JPC-HDBL3PP-00

82,913

82,913

0

22

22

PE HDPE BL4

KEPE-HDBL4WP-00

82,913

82,913

720

192

168

PE HDPE BL4

KEPE-HDBL4WP-00

82,913

82,913

0

120

120

PE HDPE BL4

KEPE-HDBL4WP-00

82,913

82,913

0

24

24

PE HDPE BL4

KEPE-HDBL4WP-00

82,913

82,913

0

24

24

PE HDPE CRP100B

PAM-HDCRP100BPP-00

100,095

100,095

4,004

3,146

3,036

PE HDPE CRP100B

SHPC-HDCRP100BWP-00

102,595

103,997

1,300

2,640

1,300

PE HDPE CRP100B

PAM-HDCRP100BPP-00

100,095

100,095

0

968

968

PE HDPE CRP100N

JPC-HDCRP100NPP-00

102,555

104,438

506

1,540

506

PE HDPE EX5

MPC-HDEX5PP-00

83,809

83,969

1,012

1,254

1,012

PE HDPE EX5

KEPE-HDEX5WP-00

83,799

83,799

960

936

936

PE HDPE EX5

KEPE-HDEX5WP-00

83,799

83,799

0

24

24

PE LDPE

KRD-LD2426E02WP-00

88,377

88,377

0

336

336

PE LDPE

KRD-LD2426F8WP-00

88,377

88,377

480

240

240

PE LDPE

KRD-LD2426F8WP-00

88,377

88,377

0

240

240

PE LDPE

KRD-LD2426E02WP-00

88,377

88,377

480

192

144

PE LLDPE

PAM-LLD0209AAWP-00

91,056

91,785

3,102

5,434

3,102

PE LLDPE

SHPC-LLD0209AAWP-00

89,959

90,579

800

2,000

800

PE LLDPE

MAPE-LLD18B01P-00

82,756

82,756

480

408

384

PE LLDPE

MAPE-LLD22B01KJP-00

83,249

83,249

480

360

312

PE LLDPE

MAPE-LLD22B01KJP-00

83,249

83,249

0

168

168

PE LLDPE

MAPE-LLD18B01P-00

82,756

82,756

0

96

96

PE LLDPE

JPC-LLD235F6PP-00

84,726

84,726

506

110

88

PE LLDPE

JPC-LLD235F6PP-00

84,726

84,726

0

66

66

PE LLDPE

MAPE-LLD20BF5WP-00

86,203

86,203

960

144

48

PE LLDPE

MAPE-LLD20BF5WP-00

86,203

86,203

0

24

24

PE LLDPE

MAPE-LLD20BF5WP-00

86,203

86,203

0

24

24

PE LLDPE 22501AA

JPC-LLD22501AAPP-00

86,312

86,312

66

154

66

PE LLDPE 22501KJ

JPC-LLD22501KJPP-00

83,249

83,249

0

352

352

PE LLDPE 22501KJ

JPC-LLD22501KJPP-00

83,249

83,249

506

154

154

PE LLDPE 22B02

MAPE-LLD22B02WP-00

88,789

89,097

1,200

2,688

1,200

PET BG731

PTC-PETBG731J-00

93,255

93,255

88

198

88

PET BG735

PTC-PETBG735J-00

93,039

93,039

88

264

88

PET BG781

PTC-PETBG781J-00

93,992

93,992

2,508

2,662

2,310

PET BG781

PTC-PETBG781J-00

93,992

93,992

0

198

198

PET BG785

PTC-PETBG785J-00

93,409

93,419

506

1,232

506

PET BG825

PTC-PETBG825J-00

95,547

95,547

2,002

1,210

1,100

PET BG825

PTC-PETBG825J-00

95,547

95,547

0

88

88

PET BG825

PTC-PETBG825J-00

95,547

95,547

0

66

66

PET BG825

PTC-PETBG825J-00

95,547

95,547

0

44

44

PET Super Bright TG641

PTC-PETTGSUB641J-00

90,765

90,765

2,002

1,892

1,892

PET TEXTILE GRADE641

PTC-PETTG641J-00

87,454

87,454

1,012

1,012

1,012

PET TG641 MOD

PTC-PETTG641MODJ-00

87,696

87,696

1,518

1,628

1,518

PET TG645

PTC-PETTG645J-00

85,758

85,758

4,510

2,662

2,662

PET TG645

PTC-PETTG645J-00

85,758

85,758

0

506

506

PET TG645

PTC-PETTG645J-00

85,758

85,758

0

88

88

PET-BG-821

PTC-PETBG821J-00

98,167

98,167

2,002

1,914

1,848

PET-BG-821

PTC-PETBG821J-00

98,167

98,167

0

44

44

PET-BG-821

PTC-PETBG821J-00

98,167

98,167

0

44

44

PP

MPC-PPV79SPP-00

95,370

95,370

264

308

264

PP

MPC-PPEP1X30FPP-00

101,419

101,943

220

506

220

PP

NZCH-PPZB445LJ-00

115,457

115,457

210

147

147

PP

MPC-PPF30GWP-00

95,370

95,370

88

88

88

PP

MPC-PPRP240GPP-00

109,353

109,353

110

88

88

PP

NZCH-PPZRCT230CJ-00

114,276

114,276

105

63

63

PP

PNCO-PPPNR230CP-00

109,889

109,926

60

80

60

PP

NZCH-PPZRCT230CJ-00

114,276

114,276

0

21

21

PP

NZCH-PPZB445LJ-00

115,457

115,457

0

21

21

PP

NZCH-PPZB445LJ-00

115,457

115,457

0

21

21

PP – ZH510L

NZCH-PPZH510LJ-00

95,799

95,959

504

735

504

PP – ZH525J

NZCH-PPZH525JJ-00

100,181

100,181

504

630

105

PP – ZH550J

NZCH-PPZH550JJ-00

95,373

95,387

315

567

315

PP C30G

MPC-PPC30GPP-00

98,620

99,014

770

1,122

770

PP EP440G

JPPC-PPEP440GWP-00

109,353

109,353

440

308

308

PP EP440G

JPPC-PPEP440GWP-00

109,353

109,353

0

22

22

PP EP440G

JPPC-PPEP440GWP-00

109,353

109,353

0

22

22

PP EP440G

JPPC-PPEP440GWP-00

109,353

109,353

0

22

22

PP EP440L

JPPC-PPEP440LWP-603

109,353

109,353

440

264

242

PP EP440L

JPPC-PPEP440LWP-603

109,353

109,353

0

154

154

PP EP440L

JPPC-PPEP440LWP-00

109,353

109,353

440

88

66

PP EP440L

JPPC-PPEP440LWP-00

109,353

109,353

0

22

22

PP EP440L

JPPC-PPEP440LWP-603

109,353

109,353

0

22

22

PP EP440L

JPPC-PPEP440LWP-603

109,353

109,353

0

22

22

PP EP548R

JPPC-PPEP548RWP-603

109,353

109,353

0

396

396

PP EP548R

JPPC-PPEP548RWP-603

109,353

109,353

770

330

308

PP EP548R

JPPC-PPEP548RWP-603

109,353

109,353

0

66

66

PP EPX3130UV

JPPC-PPEPX3130UVWP-00

118,017

118,017

330

132

132

PP Ext.  C30S

MPC-PPC30SPP-00

97,019

97,580

1,012

2,046

1,012

PP HP510L

JPPC-PPHP510LWP-00

95,870

96,974

1,920

3,792

1,920

PP HP525J

JPPC-PPHP525JWP-00

100,181

100,181

1,200

648

624

PP HP525J

JPPC-PPHP525JWP-603

100,181

100,181

480

480

480

PP HP550J

JPPC-PPHP550JWP-603

95,370

95,370

1,488

1,152

1,104

PP HP550J

JPPC-PPHP550JWP-603

95,370

95,370

0

384

384

PP HP552R

JPPC-PPHP552RWP-00

95,666

95,891

1,200

1,344

1,200

PP HP552R

MPC-PPHP552RPP-00

97,449

97,791

1,012

1,848

1,012

PP MR230C

MPC-PPMR230CPP-00

117,827

118,811

396

968

396

PP POWDER HP550J

MPC-PPHP550JPP-00

95,370

95,380

506

572

506

PP PX548T

JPPC-PPEPX548TWP-603

111,913

111,913

220

66

66

PP PX548T

JPPC-PPEPX548TWP-00

111,913

111,913

110

44

44

PP PX548T

JPPC-PPEPX548TWP-603

111,913

111,913

0

22

22

PP PX548T

JPPC-PPEPX548TWP-603

111,913

111,913

0

22

22

PP RAPHIA RP270G

SHPC-PPRP270GPP-00

112,306

112,306

600

460

460

PP RAPHIA RP270G

SHPC-PPRP270GPP-00

112,306

112,306

0

140

140

PP RG1102XK

RJCO-PPRG1102XKJ-00

96,639

96,714

420

882

420

PP RG1102XL

RJCO-PPRG1102XLJ-00

97,229

97,312

168

483

168

PP RG1104K

RJCO-PPRG1104KJ-00

100,181

100,181

420

840

420

PP RG3212E

RJCO-PPRG3212EWP-00

118,959

119,342

198

418

198

PP RPX345S

JPPC-PPRPX345SWP-00

115,753

115,753

440

176

176

PP RPX345S

JPPC-PPRPX345SWP-00

115,753

115,753

0

44

44

PP SF060

PNCO-PPSF060WP-00

96,829

97,110

920

1,640

920

PP Z30G

MPC-PPZ30GPP-00

95,370

95,370

0

528

528

PP Z30G

MPC-PPZ30GPP-00

95,370

95,370

990

308

286

PP Z30S

SHPC-PPZ30SWP-00

95,630

95,780

400

500

400

PP Z30S

MPC-PPZ30SL-00

97,500

97,944

143

396

143

PP ZB332C

NZCH-PPZB332CJ-00

113,229

114,536

210

294

210

PP ZR230C

NZCH-PPZR230CJ-00

117,789

118,401

315

588

315

PP ZR340R

NZCH-PPZR340RJ-00

113,488

114,002

210

315

210

PP-552R

NZCH-PPZH552RJ-00

95,370

95,370

504

609

483

PP-552R

NZCH-PPZH552RJ-00

95,370

95,370

0

21

21

PS EPS

TABC-PSE100J-00

105,974

105,974

0

15

15

PS EPS

TABC-PSE100J-00

105,974

105,974

25

10

10

PS GPPS 1540

TABC-PSGPPS1540PP-00

99,497

99,497

803

737

715

PS GPPS 1540

TABC-PSGPPS1540PP-00

99,497

99,497

0

88

88

PS GPPS G1551

PTJP-PSGPPSG1551PP-00

99,497

99,497

200

35

35

PS GPPS MP08

MPG-PSGPMP08L-00

99,497

99,497

40

40

40

PS HIPS 7240

TABC-PSHIPS7240PP-00

110,704

110,704

858

671

671

PS HIPS 7240

TABC-PSHIPS7240PP-00

110,704

110,704

0

132

132

PS Self Retarding F100

ENPC-PSSEF100J-089

106,343

106,343

700

110

110

PS Self Retarding F100

ENPC-PSSEF100J-089

106,343

106,343

0

60

60

PS Self Retarding F300

ENPC-PSSEF300J-089

106,343

106,343

100

20

20

PS-400C

TABC-PSE400CJ-00

100,423

100,423

105

60

50

PS-400C

TABC-PSE400CJ-00

100,423

100,423

0

20

20

PSE200

TABC-PSE200J-00

137,500

138,187

55

115

55

PS-E300C

TABC-PSE300J-00

127,369

129,728

100

210

100

PVC E6832

ARCO-PVCE6834PP-00

112,000

112,829

396

638

396

PVC E6832

ARCO-PVCE6834PP-00

112,829

112,829

198

88

88

PVC E6832

ARCO-PVCE6834PP-00

112,829

112,829

0

66

66

PVC S65

IPC-PVCS65PP-00

78,689

78,916

2,816

4,114

2,816

PVC S65

ARCO-PVCS65J-00

78,432

78,614

1,800

4,080

1,800

PVC S65

ARCO-PVCS65PP-00

80,000

80,407

1,408

4,004

1,408

SBR 1502

IPC-LSBR1502WP-00

128,241

128,241

0

50/05

50/05

SBR 1502

IPC-LSBR1502WP-00

128,241

128,241

870/87

820/82

820/82

SBR 15712

TJPC-DSBR1712MP-00

155,236

155,236

630

630

630

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