The end of autumn is the time to count PVCs

Meanwhile, during the last 9 months of 1999, the amount of 308 thousand tons PVC in the hall The main commodity exchange was traded, which due to the increase in exchange rates and unprecedented fluctuations in world prices, the turnover of this market in the last 9 months reached more than 5 thousand billion tomans.

& nbsp;

In Azaz, out of 40,272 tons PVC offered, 9,948 tons PVC Equivalent to 49% of the offers, all grades except Emulsion grade 6834 Petrochemical Arvand were traded at the base price.

Weekly trading trend

& nbsp;

With the decrease of inflation expectations in the country, the half-dollar with a limited range of increase and decrease, stopped fluctuating a lot and in the latest product pricing Petrochemical was set at 256529 Rials.

The global price of PVC is setting unprecedented records with frequent increases so that The global price of this resin in some parts of the world has exceeded $ 1400 per ton, but according to market regulation guidelines in a commendable action, the Downstream Industries Development Office used its legal authority this month and instead of calculating the world price with the formula 95% FOB Persian Gulf with 5% discount calculated this amount or 90% coefficient in the base price.

& nbsp;

Grade 65 Crystallization of Inflation Stagnation

& nbsp;

The situation in the S-65 grade market these days is a concrete example of a stagflation in the Iranian economy. The weekly increase in the base price along with the cold reception of buyers made it possible for intermediaries in the open market to lower the price of this grade from the commodity exchange price before the last week. They offered lower. However, the base price of 21321 Rials increased by 7.5 percent this month and the percentage of transactions was below 50 percent, although the opening of the monthly purchase ceiling for up to 6 months by the Development Office was effective in improving the amount of transactions.

& nbsp;

Market events

& nbsp;

Simultaneously with the intensification of monitoring and sealing of unauthorized warehouses of polymer in December with the decline Inflammations in the market of polymers and after a year of many struggles, it is to be implemented Horizon plan From the first of winter 99 monthly quotas of units to be calculated automatically. But according to experts and repeated repetition of manufacturers, incomplete implementation of this plan, including the lack of mechanized funds for the sale of guilds and the uncertainty of the comprehensive tax plan will cause it to be delayed and double pressure on producers and conflict with the distribution network of final products. However, the implementation of the new check law and the ban on the issuance of checks contributed significantly to this plan and financial transparency in the financial markets, which unfortunately, according to the economic advisor to the president, was postponed until next year. However, what is predictable is that the Horizon plan will not help the market polymers and This path will not be completed until the partisanship dominates the decisions and the reform of macroeconomic parameters such as the comprehensive tax plan, the check law and the launch of the mechanized store fund are delayed, so it is better for the authorities to filter and purify water instead. Contaminated spring to prevent pollution from entering the spring water.