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

23 Jul 24

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 24

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 24

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.

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