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Egypt’s EPC issues November PVC prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 30/10/2014 (17:18)
Egypt’s PVC producer EPC issued their November prices with decreases of EGP100/ton ($14/ton) for the first half of the month. The producer offers PVC k67-68 at EGP7800/ton ($1092/ton) and PVC k70 at EGP7950/ton ($1113/ton) on ex-Alexandria, cash including VAT basis.

A source from the producer commented, “Demand is moderate in the market and therefore, we canceled our previous plans to start exporting again on November 1st. Plus, we see lower offer levels in Turkey and we do not think that exporting would be profitable for us. Considering these circumstances, we prefer to focus on our local market only. We hold comfortable stocks and our deliveries proceed without any problems.”
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