The instructions for regulating the market of petrochemical products based on the market mechanism in the transparent context of the commodity exchange were approved and published by Abbas Ghobadi, the secretary of the working group for regulating the country’s market.
According to the economic observation and quoted by Kalakhobar, one of the strategic axes of this instruction is to formulate a roadmap for regulating the market of petrochemical products, integrated management in value chain links, optimal allocation of resources, eliminating monopolies and dealing with non-competitive market structure, supply management and Demand relied on the market mechanism in the transparent context of commodity exchanges and the creation of transparency in transactions and monitoring the supply and demand of transactions in exchange for commodity exchanges.
Accordingly, the turning point of this instruction is the emphasis on confronting the non-competitive structure of the market and supply and demand management based on the mechanism of commodity exchanges, and proper management of supply, demand and fair distribution of products is also emphasized in this instruction.