Egypt’s E-Styrenics lowers Nov GPPS prices to local market
by ChemOrbis Editorial Team - content@chemorbis.com
Egypt’s E-Styrenics revealed its new GPPS offers for November to the local market with decreases of $80/ton from October. The producer’s offers currently stand at $1400/ton for GPPS on an ex-works Dekheila, cash basis.
A producer source noted that they applied decreases on their prices due to slow market conditions, with buyers limiting their purchases to the basic needs amidst softening prices. He added, “Our plant is shut for a maintenance work; however, this will not affect our deliveries as we have good stocks to cover our customers’ needs.”
A producer source noted that they applied decreases on their prices due to slow market conditions, with buyers limiting their purchases to the basic needs amidst softening prices. He added, “Our plant is shut for a maintenance work; however, this will not affect our deliveries as we have good stocks to cover our customers’ needs.”
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Turkey PP, PE markets propelled higher by shipping bottlenecks in Sept
- Are record-high PVC prices the new normal amid enduring pandemic?
- European PVC up for 16th month in Sept, prices touch new highs
- Egypt’s PP, PE markets rise on tightness in September
- Logistics snarls propel import PP, PE offers higher in Europe
- Import PVC prices near all-time highs in India, disparity with China/SEA grows
- PP, PE supplies rise in China; demand lags behind expectations despite peak season
- Stats: China’s July PE imports increase after 3 months of declines
- Will Asia’s PS markets follow ABS higher on cost support?
- Sept PET expectations diverge in shade of opposite factors in Europe
