Speaking at the 19th IranPlast exhibition, Mehdi Haji Gholam Sarizdi,
board member of Iran’s Commodity Exchange Admission Committee and vice chairman
of Isatis Pouya Brokerage, highlighted the benefits of the exchange for
petrochemical companies. “The export ring, long-term contracts, and premium
discovery mechanisms help suppliers and buyers better plan their operations,”
he said.
Haji Gholam Sarizdi emphasized that with an annual production capacity
approaching 100 million tons, Iran’s petrochemical sector remains a vital
engine of the economy and a key source of foreign currency. “Completing the
value chain is crucial to prevent raw material exports and generate higher
value-added products,” he noted.
The official also outlined the role of modern financing instruments,
such as standard parallel forward contracts (sukuk al-salam), in
facilitating both domestic and foreign-currency financing for petrochemical
firms. Unlike traditional debt, these instruments do not require interest
payments during the term, offering a comparative advantage for companies
seeking mid-term capital.
He further noted that the exchange’s export ring and the ability to
arrange long-term contracts enhance both domestic and international market
engagement. Additionally, the Iranian over-the-counter market (Farabourse)
provides further support through project investment funds, equity listings, and
debt instruments like Rial- and foreign-currency denominated Murabaha bonds,
enabling faster and more cost-effective financing.
“The exchange’s platforms are not merely trading venues—they are tools
to globalize Iranian petrochemical capabilities, improve financial planning,
and strengthen the industry’s resilience,” Haji Gholam Sarizdi concluded.