HIBA PLAS / ECOGRADE IQMarket & costs
ECOGRADE IQ / MARKET MONITOR

Petrochemicals · market and cost

Oil movement, exchange rates and recipe-based cost effects.

Not a real-time market quote.Source check: 28.09.2026 20:53 (İstanbul)
Brent · EIA114,89USD/bbl

Latest observation: 2026-09-22
Data age: 6 days

Publication delayed
USD/TRY48,9008TRY

Latest observation: 2026-09-28
Data age: 0 days

Publication delayed
EUR/TRY55,6307TRY

Latest observation: 2026-09-28
Data age: 0 days

Publication delayed
EUR/USD1,1376USD

Latest observation: 2026-09-28
Data age: 0 days

Publication delayed
What does this mean?

Oil input increased · +23,92%

Polymer costs do not move proportionally. Recipe share, pass-through lag, energy and currency require separate review.

Period
01 / USD/bbl

Brent spot price

114,89
137118100822026-08-242026-09-22

Period change: +23,92% · Latest observation: 2026-09-22

02 / BASE 100

Petrochemical input indicator

123,92
148128108882026-08-242026-09-22

Brent-based indicator. First observation in the selected period = 100; not a naphtha or polymer price.

Base observation: 2026-08-24 = 100

Source status

EIA / FRED · Connection verified
Latest observation: 2026-09-22
Last successful check: 28.09.2026 20:53 (İstanbul)
TCMB · Connection verified
Latest observation: 2026-09-28
Last successful check: 28.09.2026 20:53 (İstanbul)

TCMB indicative FX buying rate. Not a transaction or bank selling rate.

03 / COST MODEL

Company cost effect

Approved recipe / explicitly labelled example

BRENT → COST IMPACT

Polymer cost sensitivity

Dated cost model

Daily Brent movements are applied to an approved recipe’s cost share and pass-through factor. Each row covers only its stated scope.

Define the cost scope first

The current Brent indicator works above. Polymer cost impact requires an approved recipe share and pass-through assumption. Explore an example or discuss your own scope.

Discuss the cost scope ↗
Method and scope

Effect (%) = (latest Brent / base Brent − 1) × cost share (%) × pass-through (%) / 100.

This models the contribution of the Brent-linked component. It is not a polymer market price, total cost forecast or FX effect.

Base: nearest observation on or before the cost date, within 7 days. Profiles last at most 90 days. Calculation stops if Brent is over 7 days old.

Main polymer feedstock paths
BRENT → PETROCHEMICALS → POLYMERS

Petrochemical connections

This map shows principal input pathways. The daily proxy above only rebases Brent to 100; it is not a naphtha, monomer or polymer market price.

PP

Propylene → PP

PE

Ethylene → PE

ABS

Styrene + acrylonitrile + butadiene → ABS

PET

PTA + MEG → PET

PA6 / PA66

Caprolactam (PA6) / adipic acid + HMDA (PA66)

Feedstock origin, energy, region, process and supply/demand require separate assessment.

Industry updates

All ↗