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Market Awaiting a Major Decision

14 Aug 2025

As the activation of the “snapback” mechanism draws near, public opinion is bracing for a significant event. The resumption of nuclear negotiations, major national policy decisions, or any other major occurrence—especially after the Iran–Israel war—has captured attention and left markets in a state of uncertainty.

Important dates of IranPlast Exhibition 1404

10 Jun 2025

The 19th International IranPlast Exhibition will be held from September 8 to 11, 2025, corresponding to September 17 to 20, 1404, at the Tehran International Permanent Fairground.

Announcing the basic price of petrochemical products until July 28, 2024 + Download prices

23 Jul 2024

The base price of petrochemical products was announced today (Sunday, July 22, 2024), with the dollar of the exchange market, 43,729 Rials, for the supply of petrochemical raw materials in the commodity exchange until Sunday, July 28, 2024.

Power Outages in Production Units and a Sluggish Petrochemical Market

20 Jul 2024

As temperatures soar, electricity consumption is setting new records daily, leading to production unit power outages reaching 36 hours per week. Reports indicate that these outages might extend to 48 hours per week (equivalent to two full days).

580,000 Rial Dollar Signal Hits Recession-Stricken Market

13 Jul 2024

From Friday, July 5, to Wednesday, July 10, 2024, the free market dollar saw a decline of 27,500 rials. This decrease in the free market dollar occurs while the remittance market dollar continues its steady upward trend. By Thursday, July 11, the exchange remittance dollar rate reached 434,000 rials, marking an increase of 2,050 rials compared to the base dollar rate on Sunday, July 7.

Base Prices of Petrochemical Products Announced Until July 21, 2024 + Download Prices

7 Jul 2024

The base prices of petrochemical products were announced today (Sunday, July 7, 2024) at 431,590 Rials per US dollar, based on the exchange market rate, for the supply of petrochemical raw materials on the Commodity Exchange until Sunday, July 21, 2024.

Global Prices Awaited in Petrochemical Market

7 Jul 2024

The second round of the presidential election took place on Friday, July 5th, resulting in Masoud Pezeshkian becoming the next president of Iran. This election could potentially reshape Iran's economy for the next 4 to 8 years. Another significant event this week was the rise in oil and naphtha prices, which could have a substantial impact on global petrochemical prices.

Base Prices of Petrochemical Products Announced Until June 30, 2024 + Download Prices

24 Jun 2024

The base prices of petrochemical products were announced by the National Petrochemical Company on Sunday, June 23, 2024, for the supply of petrochemical raw materials on the commodity exchange until Sunday, June 30, 2024.

End of Spring in Deep Recession / 14,000 Tons Reduction in Transactions

23 Jun 2024

As the solar spring came to an end, the petrochemical market plunged into a deep recession. Over the past week, transactions dropped by 14,000 tons, marking the lowest transaction-to-supply ratio recorded this year. Read on for the key events in the polymer products market.

Announcing the basic price of petrochemical products until June 23, 2024

16 Jun 2024

The base price of petrochemical products was announced today (Sunday, June 16, 2024), with the dollar of the exchange market, 42,595 Rials, for the supply of petrochemical raw materials in the commodity exchange until Sunday, June 23, 2024.