Last contents

فارسی Ads

The IPO schedule was announced in the week ending June 19

15 Jun 2024

According to the new announcement of the Commodity Exchange, the transactions of Polypropylene and PVC were moved to Tuesday, June 18, and the transactions of polyethylene and chemicals were moved to Wednesday, June 19.

Decoding the Simultaneous Growth in Trades Amid Recession

15 Jun 2024

In the past week, the trading volume of polymer products on the Iran Mercantile Exchange increased by nearly 11,000 tons, nearing the 100,000-ton mark. This increase comes despite many producers and market participants acknowledging a severe liquidity crunch, with many financial commitments being deferred.

Revision of Feedstock and Refinery Product Pricing Regulations

10 Jun 2024

The head of the Securities and Exchange Organization announced multiple efforts by the organization to protect shareholders' rights, stating that during today's (Sunday, June 9) economic council meeting, the pricing regulations for feedstock and refinery products were revised.

Base Prices of Petrochemical Products Announced Until June 16, 2024

9 Jun 2024

The base prices of petrochemical products were announced today (Sunday, June 9, 2024), with the exchange market dollar rate set at 423,200 Rials, for the supply of petrochemical raw materials on the Iran Mercantile Exchange until Sunday, June 16, 2024.

30 Percent Increase in Freight Rates

9 Jun 2024

The Iran Transportation Organization has announced a 30% increase in freight rates in an official letter. The rate for transporting goods has been adjusted from 5,500 Rials per ton-kilometer to 7,150 Rials.

Lowest Transaction Percentage of the Year / Next Week's Base Price Outlook

6 Jun 2024

In a week with two holidays, the record for the lowest transaction percentage of the Iranian calendar year was set. In the past week, only 81.7% of the offered products were traded. With Brent crude falling to $77 and a $40 drop in naphtha, the market's recessionary conditions are expected to worsen in the coming week.

Adjusting the market with Dollar in 580.000 Rial / 4,000 tons of trading growth

2 Jun 2024

In the fourth week of May, trading grew by 4,000 tons to 88,000 tons. Part of this increase can be attributed to the growth of 2,800 tonnes of supply. But the next thing is to adjust the market to the recession. While trading has been steadily declining over the previous weeks, the dollar's relative stability in the 580.000 Rial channel shows signs that the market is adjusting to this rate.

Aryasasol Polymer Company Achieves 10 Percent Increase in Cumulative Production

6 Apr 2024

Aryasasol Polymer Company has successfully increased its cumulative production by 10% in the calendar year 1402 (which ended on March 20) compared to the previous year.

April PE prices surpass €300/t in Europe

9 Apr 2022

Ethylene MCP has been set at €1,665/t FD Northwestern Europe for April, €230/t up from the previous settlement. European PE makers have announced €200—360/t increases for April

Surging Oil Prices Could Spark A Global Recession

28 Mar 2022

The already month-long Russian war in Ukraine has upended analyst outlooks of the global economy this year. Forecasts quickly shifted from a robust post-COVID rebound to rising chances of a full-blown global recession due to spiking energy prices, broken supply chains, and tight global oil supplies.