The company’s credit-based sales performance stood well above the Persian Gulf Petrochemical Industries Company’s (PGPIC) average of 25 percent for the month.
Data shows Arvand offered a total of 83,354 tons of products on the IME in July, of which 43,358 tons – equivalent to 52 percent – were sold on credit. The company’s credit transactions spanned eight products, reaching 17,823 tons, with a credit sales-to-offer ratio of 41 percent.
This strong performance not only secured Arvand’s top ranking but also earned the company a score of 63, the highest among all petrochemical firms listed on the exchange.