Even today was a very calm day for the polymer trades at the IME’s petrochemical hall, but the petrochemical products market experienced modest conditions last week and the supply of polymers and chemicals on the stock exchanges increased.
According to the PIMI market analysts, the relative stability of the petrochemical market along with the relaxation of the free market and the increase in the supply of attractive grades has led the market to distract from inflammation in attractive grades and move towards supporting downstream industries. Increasing the supply of polystyrene and polypropylene products has led to a reduction in inflammation in these two important markets, but we still need to increase the supply of the extrusion grades for pipe & fittings.
Based on this report and analysis, the petrochemical products market experienced moderate conditions last week as we saw the growth of supply in the commodity group of polymers and chemical products on the stock exchange, which indicates that trading conditions in this market have improved, and that, it is possible to increase the volume of production in Complementary industries. One of the most important points in this market is the increase in the volume of trade in chemical compounds on the stock exchange. The growth of 6.8% of the volume of chemical compounds on the stock exchange and the record of 33,373.9 tonnes, which is a moderate figure, clearly indicates the general conditions on this market, which increased the demand for chemical products by 37.27%.
This figure has been the highest since the beginning of July and clearly indicates the willingness of buyers on the stock exchange for this commodity group and the attractiveness of supply. Also, last week we saw the competition for the purchase of monoethylene glycol, styrene monomer, monoethylene glycol, melamine crystalline, tetracyclic acid, monomerinyl acetate and xylene blend in the chemical product group.
Last week, the Polymer market saw a 3.91% rise in stock volumes and a record high of 68,461.5 tonnes, the highest in the last five weeks. This situation, although considered an important signal to support the market, but the relative retreat of demand eventually led to a 9.6% decrease in trading volumes, although this retreat could be evaluated for technical reasons because demand from some commodity groups migrated to other groups that are technically feasible. For example, we are seeing an increase in demand for pipes and heavy extrusion grades, which indicates that we need more supplies in this group.
Due to government policies in the field of preserving water resources, demand for this group seems to be increasing, which if supported, a more effective role can be taken to protect water resources in the petrochemical industry. Meanwhile, the inflammation in the polystyrene market and textile polypropylene have diminished, which should be the main reason for the increase in supply volumes.
The following table shows the weekly ODTv index of PIMI for last week from Oct. 14th-21st.
| Commodity | Producer | Base Offering Price | Closing
Average Price |
Offering (Tone) | Demand (Tonne) | Trade Volume (Tonne) | ||
| HIGH DENSITY POLYETHYLENE HI0500 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 41,831 | 41,831 | 50 | 40 | 40 | ||
| POLYVINYL CHLORIDE S60 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 37,773 | 39,561 | 2486 | 3564 | 2486 | ||
| LOW DENSITY POLYETHYLENE LH0075 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 47,825 | 47,825 | 100 | 100 | 100 | ||
| POLYVINYL CHLORIDE S60 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 38,395 | 40,014 | 2486 | 3454 | 2486 | ||
| LOW DENSITY POLYETHYLENE LF0200 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 47,796 | 47,796 | 60 | 60 | 60 | ||
| POLYVINYL CHOLORIDE S65 | Ghadir Petrochemical Co | 34,975 | 34,975 | 300 | 300 | 300 | ||
| POLYETHYLENE TEREPHTHALATE BG825 | TONDGOUYAN PETROCHEMICAL CO. | 46,090 | 46,090 | 176 | 176 | 176 | ||
| PET BG781 | TONDGOUYAN PETROCHEMICAL CO. | 45,257 | 45,257 | 220 | 220 | 220 | ||
| POLYETHYLENE TEREPHTHALATE TEXTILE GRADE641 | TONDGOUYAN PETROCHEMICAL CO. | 37,385 | 37,385 | 506 | 506 | 506 | ||
| POLYVINYL CHLORIDE S57 | Abadan Petrochemical Co. | 39,106 | 39,926 | 500 | 1080 | 500 | ||
| LOW DENSITY POLYETHYLENE LF0200 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 46,797 | 46,797 | 0 | 360 | 360 | ||
| LOW DENSITY POLYETHYLENE 2420F8 | Kordestan Petrochemical | 46,797 | 240 | 0 | 0 | |||
| POLYPROPYLENE ZB332C | Navid Zarshimi | 47,721 | 52,493 | 252 | 7350 | 252 | ||
| HIGH DENSITY POLYETHYLENE EX3 | Shazand Petrochemical Co | 47,552 | 56,432 | 1500 | 3920 | 1500 | ||
| 1712 STYREN E BUTADIENE RUBBER | Takhte Jamshid Petrochemical | 56,081 | 56,081 | 399 | 357 | 357 | ||
| POLYPROPYLENE EP2X83CE | Shazand Petrochemical Co | 47,721 | 400 | 0 | 0 | |||
| POLY BUTADIENNE RUBBER-1220 | Shazand Petrochemical Co | 67,793 | 1008 | 0 | 0 | |||
| POLYVINYL CHOLORIDE S65 | Arvand Petrochemical Co | 35,551 | 35,551 | 0 | 352 | 352 | ||
| HIGH DENSITY POLYETHYLENE 52518 | Jam Petrochemical Company | 40,237 | 41,062 | 3003 | 5478 | 3003 | ||
| LOW DENSITY POLYETHYLENE 2102TX00 | Laleh Petrochemical Co. | 46,797 | 46,797 | 1015.2 | 129.6 | 86.4 | ||
| HIGH DENSITY POLYETHYLENE EX3 | AMIR KABIR PETROCHEMICAL CO | 50,203 | 56,724 | 2000 | 5400 | 2000 | ||
| POLYPROPYLENE Z30S | Shazand Petrochemical Co | 42,336 | 44,352 | 300 | 1060 | 300 | ||
| HIGH DENSITY POLYETHYLENE HF5110 | Arya Sasol Petrochemical Co | 43,589 | 43,589 | 0 | 154 | 154 | ||
| EXPANDABLE POLYSTYRENE SE3000 | Baniar | 60,000 | 200 | 0 | 0 | |||
| HIGH DENSITY POLYETHYLENE HF5110 | Arya Sasol Petrochemical Co | 43,589 | 43,589 | 0 | 22 | 22 | ||
| HIGH DENSITY POLYETHYLENE EX5 | Jam Petrochemical Company | 43,589 | 43,589 | 0 | 176 | 176 | ||
| HIGH DENSITY POLYETHYLENE 7000F | Mehr Petrochemical Co | 43,589 | 43,589 | 1617 | 1595 | 1243 | ||
| LINEAR LOW DENSITY POLYETHYLENE 209AA | AMIR KABIR PETROCHEMICAL CO | 43,132 | 46,489 | 1100 | 2530 | 1100 | ||
| ACRYLONITRILE BUTADIENE STYRENE SD0150 | TABRIZ PETROCHEMICAL CO | 82,406 | 82,406 | 0 | 20 | 20 | ||
| HIGH DENSITY POLYETHYLENE HF5110 | Arya Sasol Petrochemical Co | 43,589 | 43,589 | 0 | 880 | 880 | ||
| SELF – EXTINGUISHING POLYSTYRENE SE150 | Sahand Petrochemical | 59,000 | 120 | 0 | 0 | |||
| LOW DENSITY POLYETHYLENE LF0200 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 46,797 | 46,797 | 2000 | 2060 | 1640 | ||
| LOW DENSITY POLYETHYLENE 2420F3 | Kordestan Petrochemical | 51,476 | 240 | 0 | 0 | |||
| POLYPROPYLENE Z30S | Maroun Oil Co. | 42,336 | 44,765 | 440 | 1716 | 440 | ||
| POLYPROPYLENE RG1102XK | Rejal Petorchemical Industries | 42,336 | 45,318 | 588 | 1638 | 588 | ||
| HIGH IMPACT POLYSTYRENE 7240 | TABRIZ PETROCHEMICAL CO | 58,273 | 58,273 | 0 | 20 | 20 | ||
| POLY BUTADIENNE RUBBER-1220 | Shazand Petrochemical Co | 66,064 | 66,064 | 1008 | 120.96 | 120.96 | ||
| Polyethylene Terephthalate Super Bright TG645 | TONDGOUYAN PETROCHEMICAL CO. | 37,711 | 37,711 | 0 | 110 | 110 | ||
| POLYVINYL CHLORIDE E6832 | Arvand Petrochemical Co | 38,395 | 38,395 | 220 | 44 | 22 | ||
| LOW DENSITY POLYETHYLENE LH0075 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 46,797 | 47,072 | 2000 | 2520 | 2000 | ||
| SOLID EPOXY RESIN SOLUTION IN MIXED XYLENE E1-75 | Khouzestan Petrochemical Co | 75,200 | 75,200 | 0 | 13.2 | 13.2 | ||
| POLYPROPYLENE – ZH510L | Navid Zarshimi | 42,336 | 45,436 | 252 | 1134 | 252 | ||
| LINEAR LOW DENSITY POLYETHYLENE | Shazand Petrochemical Co | 43,132 | 43,820 | 1000 | 1660 | 1000 | ||
| POLY BUTADIENE RUBBER-1220 | Takhte Jamshid Petrochemical | 66,064 | 66,064 | 399 | 105 | 105 | ||
| EXPANDABLE POLYSTYRENE SE1000 | Baniar | 60,000 | 60,000 | 200 | 150 | 150 | ||
| LOW DENSITY POLYETHYLENE LP0470KJ | Arya Sasol Petrochemical Co | 47,555 | 110 | 0 | 0 | |||
| POLYPROPYLENE HP525J | Jam Polypropylene Co. | 42,715 | 43,982 | 2002 | 2552 | 2002 | ||
| HIGH DENSITY POLYETHYLENE BL3 | Maroun Oil Co. | 43,191 | 43,191 | 0 | 44 | 44 | ||
| PET BG781 | TONDGOUYAN PETROCHEMICAL CO. | 41,722 | 45,894 | 814 | 5357 | 814 | ||
| PSE200 | TABRIZ PETROCHEMICAL CO | 55,556 | 55,738 | 150 | 200 | 150 | ||
| POLYETHYLENE TEREPHTHALATE TG645 | TONDGOUYAN PETROCHEMICAL CO. | 36,290 | 36,290 | 2508 | 2178 | 2178 | ||
| POLYETHYLENE TEREPHTHALATE TEXTILE GRADE641 | TONDGOUYAN PETROCHEMICAL CO. | 37,385 | 37,385 | 550 | 550 | 550 | ||
| LIQUID EPOXY RESIENE E6 | Khouzestan Petrochemical Co | 82,600 | 82,600 | 35.2 | 35.2 | 35.2 | ||
| LOW DENSITY POLYETHYLENE LF0190 | Arya Sasol Petrochemical Co | 46,797 | 46,797 | 0 | 220 | 220 | ||
| POLYPROPYLENE EPX3130UV | Jam Polypropylene Co. | 51,058 | 51,058 | 110 | 110 | 110 | ||
| HIGH DENSITY POLYETHYLENE BL3 | Maroun Oil Co. | 43,191 | 43,191 | 1012 | 704 | 506 | ||
| PET BG781 | TONDGOUYAN PETROCHEMICAL CO. | 41,722 | 45,894 | 1298 | 8789 | 1298 | ||
| LINEAR MEDIUM DENSITY POLYETHYLENE 3840UA | TABRIZ PETROCHEMICAL CO | 42,048 | 42,048 | 0 | 60 | 60 | ||
| POLYETHYLENE TEREPHTHALATE TG645 | TONDGOUYAN PETROCHEMICAL CO. | 36,290 | 36,290 | 0 | 88 | 88 | ||
| POLYVINYL CHOLORIDE S65 | Ghadir Petrochemical Co | 35,551 | 35,551 | 840 | 1020 | 840 | ||
| POLYPROPYLENE HP564S | Jam Polypropylene Co. | 44,232 | 45,239 | 220 | 418 | 220 | ||
| POLYPROPYLENE HP552R | Maroun Oil Co. | 42,336 | 44,243 | 814 | 2398 | 814 | ||
| POLYETHYLENE TEREPHTHALATE BG845 | TONDGOUYAN PETROCHEMICAL CO. | 42,853 | 45,064 | 198 | 429 | 198 | ||
| GENERAL PURPOSE POLYSTYRENE 1540 | TABRIZ PETROCHEMICAL CO | 55,987 | 55,987 | 1000 | 690 | 630 | ||
| Polyethylene Terephthalate Super Bright TG645 | TONDGOUYAN PETROCHEMICAL CO. | 37,739 | 37,739 | 2508 | 770 | 770 | ||
| Polyethylene Terephthalate HomBright TG641 | TONDGOUYAN PETROCHEMICAL CO. | 40,813 | 484 | 0 | 0 | |||
| INJECTION POLYCARBONATE 1012 | Khouzestan Petrochemical Co | 105,000 | 66 | 0 | 0 | |||
| NATURAL ACRYLONITRILE BUTADIENE STYRENE 75 | Ghaed Basir Petrochemical Co | 96,737 | 70 | 0 | 0 | |||
| POLYPROPYLENE HP552R | Jam Polypropylene Co. | 42,336 | 44,824 | 220 | 1056 | 220 | ||
| EXTRUSION POLYPROPYLENE C30S | Maroun Oil Co. | 42,336 | 45,736 | 1078 | 3872 | 1078 | ||
| PET BG 841 | TONDGOUYAN PETROCHEMICAL CO. | 44,145 | 45,245 | 176 | 286 | 176 | ||
| PS-400C | TABRIZ PETROCHEMICAL CO | 53,983 | 53,983 | 100 | 40 | 20 | ||
| Polyethylene Terephthalate Super Bright TG645 | TONDGOUYAN PETROCHEMICAL CO. | 37,739 | 37,739 | 0 | 88 | 88 | ||
| POLYETHYLENE TEREPHTHALATE TG645 | TONDGOUYAN PETROCHEMICAL CO. | 36,263 | 36,263 | 0 | 110 | 110 | ||
| INJECTION POLYCARBONATE 0710 | Khouzestan Petrochemical Co | 105,000 | 66 | 66 | 0 | |||
| HDPE 8200B | Ilam Petrochemicals | 43,191 | 506 | 0 | 0 | |||
| POLYPROPYLENE RP340R | Jam Polypropylene Co. | 48,859 | 53,744 | 110 | 7348 | 110 | ||
| EXTRUSION POLYPROPYLENE V30G | Maroun Oil Co. | 42,336 | 44,242 | 110 | 462 | 110 | ||
| GENERAL PURPOSE POLYSTYRENE G1551 | Petrochemical Takhte Jamshid Pars | 55,987 | 500 | 0 | 0 | |||
| GENERAL PURPOSE POLYSTYRENE 1540 | TABRIZ PETROCHEMICAL CO | 55,987 | 55,987 | 0 | 60 | 60 | ||
| Polyethylene Terephthalate HomBright TG641 | TONDGOUYAN PETROCHEMICAL CO. | 40,842 | 484 | 0 | 0 | |||
| Polyethylene Terephthalate Super Bright TG641 | TONDGOUYAN PETROCHEMICAL CO. | 38,869 | 38,869 | 220 | 264 | 220 | ||
| HIGH IMPACT POLYSTYRENE 4512 | Moheb Baspar Ideh Gostar | 56,100 | 200 | 0 | 0 | |||
| POLYVINYL CHOLORIDE S65 | Arvand Petrochemical Co | 35,551 | 990 | 726 | 0 | |||
| HIGH DENSITY POLYETHYLENE 52511 | Jam Petrochemical Company | 40,237 | 41,477 | 55 | 198 | 55 | ||
| LOW DENSITY POLYETHYLENE 2100TN00 | Laleh Petrochemical Co. | 51,476 | 51,476 | 302.4 | 64.8 | 64.8 | ||
| POLYPROPYLENE ZR230C | Navid Zarshimi | 47,721 | 52,493 | 210 | 10920 | 210 | ||
| POLYPROPYLENE HP552R | Shazand Petrochemical Co | 42,336 | 44,655 | 700 | 2100 | 700 | ||
| POLYVINYL CHOLORIDE S65 | Arvand Petrochemical Co | 34,840 | 34,840 | 500 | 40 | 40 | ||
| EXPANDABLE POLYSTYRENE SE3000 | Baniar | 60,000 | 200 | 0 | 0 | |||
| NATURAL ACRYLONITRILE BUTADIENE STYRENE 50 | Ghaed Basir Petrochemical Co | 82,406 | 100 | 10 | 0 | |||
| POLYPROPYLENE HP550J | Jam Polypropylene Co. | 42,336 | 45,595 | 440 | 1628 | 440 | ||
| HIGH DENSITY POLYETHYLENE EX5 | Maroun Oil Co. | 43,589 | 43,714 | 1012 | 1386 | 1012 | ||
| POLYETHYLENE TEREPHTHALATE BG825 | TONDGOUYAN PETROCHEMICAL CO. | 42,489 | 46,069 | 2618 | 6017 | 2618 | ||
| PS-E300C | TABRIZ PETROCHEMICAL CO | 55,556 | 55,635 | 150 | 180 | 150 | ||
| Polyethylene Terephthalate Super Bright TG641 | TONDGOUYAN PETROCHEMICAL CO. | 38,898 | 38,898 | 506 | 440 | 440 | ||
| POLYETHYLENE TEREPHTHALATE TG645 | TONDGOUYAN PETROCHEMICAL CO. | 36,263 | 36,263 | 2508 | 2376 | 2376 | ||
| SOLID EPOXY RESIN SOLUTION IN MIXED XYLENE E1-75 | Khouzestan Petrochemical Co | 75,200 | 75,200 | 35.2 | 22 | 22 | ||
| SELF – EXTINGUISHING POLYSTYRENE SE100 | Sahand Petrochemical | 59,000 | 120 | 0 | 0 | |||
| HIGH DENSITY POLYETHYLENE HI0500 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 40,237 | 41,023 | 2000 | 3620 | 2000 | ||
| LOW DENSITY POLYETHYLENE 2420E02 | Kordestan Petrochemical | 46,797 | 240 | 0 | 0 | |||
| POLYPROPYLENE Z30G | Maroun Oil Co. | 42,336 | 43,994 | 440 | 1078 | 440 | ||
| POLYPROPYLENE RG1102L | Rejal Petorchemical Industries | 42,336 | 45,304 | 210 | 861 | 210 | ||
| HIGH IMPACT POLYSTYRENE 7240 | TABRIZ PETROCHEMICAL CO | 58,273 | 58,273 | 1000 | 770 | 690 | ||
| Polyethylene Terephthalate Super Bright TG645 | TONDGOUYAN PETROCHEMICAL CO. | 37,711 | 37,711 | 2002 | 660 | 660 | ||
| GENERAL PURPOSE POLYSTYRENE MP08 | Moheb Polymer Qom | 54,200 | 100 | 0 | 0 | |||
| HIGH DENSITY POLYETHYLENE HF5110 | Arya Sasol Petrochemical Co | 43,589 | 43,589 | 1320 | 330 | 264 | ||
| HIGH DENSITY POLYETHYLENE EX5 | Jam Petrochemical Company | 43,589 | 43,589 | 2002 | 264 | 66 | ||
| LINEAR LOW DENSITY POLYETHYLENE 22B02 | Mahabad Petrochemical Co. | 43,132 | 43,845 | 480 | 888 | 480 | ||
| LOW DENSITY POLYETHYLENE 2420D | AMIR KABIR PETROCHEMICAL CO | 51,476 | 220 | 0 | 0 | |||
| ACRYLONITRILE BUTADIENE STYRENE SD0150 | TABRIZ PETROCHEMICAL CO | 82,406 | 82,406 | 100 | 50 | 30 | ||
| LOW DENSITY POLYETHYLENE LF0190 | Arya Sasol Petrochemical Co | 46,797 | 46,797 | 0 | 418 | 418 | ||
| LOW DENSITY POLYETHYLENE LF0190 | Arya Sasol Petrochemical Co | 46,797 | 46,797 | 1320 | 726 | 682 | ||
| POLYPROPYLENE EP440L | Jam Polypropylene Co. | 47,721 | 52,493 | 55 | 539 | 55 | ||
| HIGH DENSITY POLYETHYLENE 7000F | Mehr Petrochemical Co | 43,589 | 43,589 | 0 | 374 | 374 | ||
| POLYPROPYLENE SF060 | Polynar Petrochemical Industries | 42,336 | 45,795 | 903 | 3150 | 903 | ||
| LINEAR MEDIUM DENSITY POLYETHYLENE 3840UA | TABRIZ PETROCHEMICAL CO | 42,048 | 42,048 | 900 | 800 | 760 | ||
| POLYETHYLENE TEREPHTHALATE TEXTILE GRADE641 | TONDGOUYAN PETROCHEMICAL CO. | 37,413 | 37,413 | 66 | 66 | 66 | ||
| LOW DENSITY POLYETHYLENE LH0075 | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 46,459 | 47,825 | 1500 | 3680 | 1500 | ||
| POLYVINYL CHOLORIDE S65 | Arvand Petrochemical Co | 35,551 | 35,551 | 3498 | 3278 | 2596 | ||
| 1502 STYREN E BUTADIENE RUBBER | BANDAR IMAM KHOMEINI PETROCHEMICAL CO. | 59,759 | 59,759 | 500.5 | 200.2 | 200.2 | ||
| HDPE 48BF7 | Lorestan Petrochemical co | 45,485 | 72 | 72 | 0 | |||
| POLYPROPYLENE-552R | Navid Zarshimi | 42,336 | 44,321 | 1008 | 1785 | 1008 | ||
| POLYPROPYLENE EP2X83CE | Shazand Petrochemical Co | 47,721 | 400 | 0 | 0 | |||
| POLYVINYL CHOLORIDE S65 | Arvand Petrochemical Co | 34,840 | 34,840 | 500 | 120 | 40 | ||
| EXPANDABLE POLYSTYRENE SE2000 | Baniar | 60,000 | 60,000 | 200 | 150 | 150 |
