25% increase in the supply of petrochemical products in the commodity exchange

The Secretary General of the Petrochemical Industry Employers’ Association, emphasizing that the foreign exchange of petrochemicals is still at the top of the country’s production companies, said: “The supply of petrochemical products in the commodity exchange has increased by 25% in the five months of this year compared to the same period last year, with the aim of providing downstream feed and production growth.”

According to Energy Press, Ahmad Mahdavi Abhari today (Sunday, 12th of Shahrivar) in a press conference, pointing out that out of the 53 billion dollars of Iran’s non-oil exports last year, 16.24 billion dollars is an average of 30.1% of the share of the petrochemical industry. It is apart from the products sold in domestic industries, some of which are also converted into final products and exported.

Stating that 30% of the capital market share belongs to petrochemicals, he added: If the production chain of final products is also taken into account, the share of petrochemicals in non-oil exports reaches about 45-50%.

The Secretary General of the Petrochemical Industry Employers Association announced the value of petrochemical products in the commodity exchange in 1401 as 6.5 billion dollars and said: the development of this industry will have many benefits for the national economy.

Emphasizing that the export of petrochemical products is carried out despite the harsh conditions of oppressive sanctions, Mahdavi Abhari stated: the foreign exchange of petrochemicals is still at the top of the country’s manufacturing companies, so that out of about 16 billion dollars of petrochemical exports in 1401, about 14 billion dollars were sold in the Nima system. Is. In total, in the last 17 months, about 17.772 billion dollars equivalent to 1 billion and 50 million dollars have been offered in semi-currency.

He pointed out that the production of the petrochemical industry increased by 1.4 percent in the four months of this year compared to the same period last year, and added that during this period, exports in this industry decreased by about 2.5 percent in terms of weight due to the increase in domestic supply. Is.

The Secretary General of the Petrochemical Industry Employers Association stated that the supply of petrochemical products in the commodity exchange in the first five months of this year has increased by 25% compared to the same period last year, and continued: 1.6 million tons in the first five months of last year and 2.02 million tons in the next five months. This year, it was listed on the stock market, which caused a decrease of 437 million dollars in the export of products with the aim of providing feed for downstream industries and increasing production.

Mahdavi Abhari reminded: the claim of about 45 percent of Urea companies has also been registered in the government’s debt and obligations system.

In the end, he stressed that supporting production and removing obstacles to production will lead to the economic growth of the country, and added: Energy is the advantage of Iran’s energy, and paying attention to its development will increase the growth of the national economy, especially in the conditions of oppressive sanctions.