Raw material pricing solution in the downside position of the Nima dollar

The head of the trade commission of the National Association of Iranian Polymer Industries told INPIA in this regard: “The National Association of Iranian Polymer Industries, observing the global situation and considering the US presidential election, had predicted a declining exchange rate and proposed that In similar circumstances, each of the monthly or weekly half-currency […]

The head of the trade commission of the National Association of Iranian Polymer Industries told INPIA in this regard: “The National Association of Iranian Polymer Industries, observing the global situation and considering the US presidential election, had predicted a declining exchange rate and proposed that In similar circumstances, each of the monthly or weekly half-currency prices was lower to be the criterion for pricing, and this proposal was approved in the early stages. Engineer Saeed Zamanzadeh added: In highly competitive goods, the base price or exchange rate is not very effective compared to the level of competition. Also, now all the applicants and buyers in the downstream industries know by monitoring the market that when the price trend is decreasing, the amount of buying or competition this week should be less or they can postpone their purchase to the following weeks. He noted: “At the beginning of the year, the market expected an increase in exchange rates and prices, but now this trend is reversed and there is no insistence on buying and competition, so the market is moving towards reducing inflammation and calm.” Zamanzadeh also pointed out that the market is in a period of stagnation and uncertainty for some time to stabilize and normalize conditions. The head of the trade commission of the National Association of Polymer Industries of Iran, stating that it would have been better to calculate the average monthly dollar from the beginning of the year, said: “In that case, we would not see more than 60% competition in the raw materials market. The decree also yielded good results at the same time, part of the petrochemical products were calculated at base prices and went to Maching, which the recent decree had a positive effect on them. “Today, in a declining market, prices are manageable, especially for highly competitive goods,” he said. Also, due to the relative recession in the petrochemical market, there is a possibility that they will reduce prices in order to persuade the applicant to buy.