Disregard of Polymer Market for USD Rate
In the last week, the limited decline of the trading volume of polymers, along with a decrease in demand, led to a slight reduction of attempts to buy and compete on the commodity exchange. However, regarding the purchase restriction on some Behinyab codes and falling prices in the domestic market, polymer market responses to USD price fluctuations were not as strong as those of other commodity exchanges due to the high stocks of the last few weeks.
The effect of the half-closed week on the polymer market
The decline of the supply and demand of polymers at the commodity exchange in a half-closed week led to a decrease in the volume of polymers in the commodity stocks to the lowest number in the last ten weeks, only hoping to compensate for the week ahead, although the market is still resisting the drop in prices. We will have to wait and see what the basic prices for the market will bring for the coming week.
Serious resistance of the polymer market
The drop in the volume of transactions, as mentioned last week, supported the trading volume of polymers and even recorded limited transactions. Last week's signals still play a role in the power market, but in a half-week, expectations may not meet. Maybe.
What can prevent Polymer trade rates from dropping?
Once again, we witnessed a decrease in Polymer trade rates in stocks market as the recent drop in prices seems to have caused some to predict even further decrease. There is promising evidence for the market, yet it is the stocks price which plays the main role in determining the tendency to buy.
Continuous improvement and the consequences of changes in the market
The fact that the amount of trades has been recorded around 70,000 tons for the second consecutive week, confirms the serious activity of the market and higher tendencies to purchase; even if the stocks do not show promising activity.