Jam exports have decreased due to the smuggling of domestically supplied petrochemical products

According to Energy Press, Saeed Shirdel, the marketing and sales manager of Jam Petrochemical at the Eurasiaplast Turkey exhibition, told the “Energy Press” reporter about the export situation of this company: Jam Petrochemical’s presence at the Eurasiaplast Turkey exhibition has made access to actual and potential customers easier. In this exhibition, we have negotiated with many customers in order to solve the obstacles and problems in trade and export.
Shirdel added: Jam Petrochemical has had a strong presence in the Turkish market since 2019, so that 50% of Jam’s polyethylene products are exported to Turkey.
He continued: We determine the share of the markets based on the profit margin, that’s why we have currently reduced the share of the Chinese market and allocated it to the Indian and Turkish markets.
Pointing out that we have entered the African market, Shirdel said: Right now, small portions are being exported to Africa. In the recent exhibition, we had negotiations to conclude long-term contracts for export to Africa, which will be implemented in the future.
In the end, he said about the decrease in exports to Turkey and added: “This year, exports to Turkey have decreased.” One of the reasons is the price of Iranian products compared to Russian and Korean products. Their price is lower. Another issue is the smuggling of Iranian petrochemical products that should be sold in the domestic market. These products are smuggled to the Turkish market, which has reduced the market share of jam.