however US sanctions against Iran also make problems for exporting petrochemical products

Polystyrene market in Iran is still faced with a record  concerning rate reduction in asian market.

According to Petrotahlil, By demand reduction of GPPS and HIPS , these product's market has entered in a record phase in Iran

That Way, GPPS and HIPS in Iran market Valued around 120,000 IRR/Kg this week. 

In the other hand, also this week in IME polystyrene deals has no boom for the last 7weeks

so that, last week, 400 tons of TJPAPC polystyrene grade 1540 (1551) with base rate of 107,660 IRR faced with no interest of purchaser and only 10tons of supply had dealed.

however US sanctions against Iran also make problems for exporting petrochemical products. 

slow sea shipment, no anchor in ports, no exporting currency recursion and no letter of credits cause to follow up exports hardly so that even loading in India,  China, UAE and South Korea for Iranian petrochemicals is slow to go. of course in asian market after approximately two months and temporary agreement between US and China in commercial extent polystyrene falling slope decreased. some of reporter sources believe that considering Tabriz Petrochemical position as the biggest GPPS and HIPS producer and exporter in Iran,  after demand reduction in domestic PS market, exporting this product has more prosperity based on USD deals.

Of course it doesn't seem that other producers such as Moheb polymer, Entekhab and TJPAPC are able to compete with Tabriz in sanction time. however Eurasia  exhibition in Turkey was the host of Persian companies last week and most of the glance of activist in this area were to report reflection about transactions and increasing export of participant petrochemicals due to sanctions. however, this week despite the sharp fluctuation in currency market, decreasing USD rate to the limit 100,000 IRR, TJPAPC  exporting price of GPPS was reported around 1230 - 1240 USD/Ton (CPT İstanbul). it has mentioned that Tabriz Petrochemical had declared the rate of 1270 USD/Ton for GPPS in Turkey exhibition. according to start producing HIPS in MOHEB Polymer, exporting rate for this product is not declared. reporters say: SABIC has declared more competitive and cheaper price with multiple usance to neighboring  countries. therefore, although most of activists in this field are expecting recovery for market but concern of sanctions is still serious in petrochemical industry. so that some exporters say that inevitably IRISL for exporting products mooring in Malaysia ports and send them to China so CFR exporting of petrochemical products from Iran ports costs 20 USD/ton more.