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EPC reveals PVC prices in Egypt

by ChemOrbis Editorial Team -
  • 04/05/2015 (14:09)
One of Egypt’s PVC producers, EPC, revealed their new May prices for the first half of the month with rollovers from their latest April offers. The producer’s new prices continue to stand at EGP8000/ton ($1049/ton) for PVC k67-68 and at EGP8150/ton ($1069/ton) for PVC k70 on ex-Alexandria, cash not including VAT basis.

A source from the company said, “We see moderate demand for our cargoes from the local market, so we elected to maintain our prices for the first half of the month. Our PVC plant is currently running at 80-90% capacity and we have started to stock some cargoes at our warehouse.”

As noted in last week’s ChemOrbis PVC Polymer Digest, players were already expecting rollovers from the producer despite EPC’s initial comments about possible price hikes. Players were pointing to the slower local demand as well as more comfortable supply levels for their rollover expectations.
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