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Egypt’s EPC issues June PVC prices

by ChemOrbis Editorial Team -
  • 01/06/2016 (15:54)
In Egypt, one of the local PVC producers, EPC, reported that they implemented decreases of EGP100/ton ($11/ton) on their new prices for the first half of June, bringing their new offers to EGP9100/ton ($1025/ton) for k67-68 at and to EGP9250/ton ($1042/ton) for k70 on an ex-Alexandria, cash not inc VAT basis.

A source from the producer commented, “Our decrease decision is in line with the globally soft trends as well as decreasing offers for import PVC in Egypt. Demand has been weakening recently as players are retreating to the sidelines ahead of Ramadan. We hope to see an improvement in buying interest once the month of Ramadan ends.”
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