[REVISION HISTORY]

Iranian market price fluctuations

Updated 4 times since CLSTR started tracking revisions of this situation.

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2026-10-24 10:40 UTC → 2026-10-25 06:44 UTC · added ~~removed~~

The Iranian consumer and industrial markets have experienced significant price volatility. Initially, the washing machine market displayed a wide price spectrum, with domestic brands like Snowa and Pakshoma offering models between 70 million and 120 million Tomans, while high-end international brands like Bosch reached nearly 390 million Tomans. The most affordable options, such as the Fardolin SW100, were noted at approximately 13 million Tomans. By October, inflationary expectations and currency fluctuations—specifically the US dollar reaching the 270,000 toman mark—have driven prices higher across multiple sectors. This trend has impacted both industrial steel, such as railway rails, and consumer appliances. In the refrigerator segment, high-end Al-Jider models have seen prices climb as high as 669 million tomans. By late October, the volatility extended significantly into the automotive market. Domestic vehicle prices saw sharp increases; for example, the Soren Plus dual-fuel model rose by 526 million tomans since the beginning of Mehr to reach 2.9 billion tomans, while the Peugeot 207 automatic increased by 200 million tomans in a single week to 4 billion tomans. Some assembled models from manufacturers like Bahman Motor and Kerman Motor exceeded 10 billion tomans. Additionally, the Dena Plus 6-speed increased by 135 million tomans in just two days to reach 3.1 billion tomans. These surges are attributed to rising exchange rates, reduced supply, and political uncertainty regarding potential conflict between Tehran and Washington. In the industrial sector, steel producers face a dual crisis of rising costs and energy shortages. Natural gas prices for steel plants rose by approximately 66 percent over a six-month period, while electricity rationing and sanctions threaten production and export capacities. Construction materials also reflect these pressures, with 16 Esfahan Steel Company rebar trading at 127,270 tomans. Recent developments indicate that volatility has also reached the gold market.

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