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Egypt’s EPC issues November PVC prices

by ChemOrbis Editorial Team -
  • 02/11/2015 (17:17)
In Egypt, local PVC producer EPC revealed their new k67-68 and k70 prices for the first half of November. The producer issued increases of EGP300/ton ($37/ton) and pulled up their prices to EGP7500/ton ($934/ton) for k67-68 and to EGP7650/ton ($953/ton) for k70 on ex-Alexandria, cash not inc VAT basis.

A source from the company commented, “We lifted our prices because we have been seeing good demand and our supplies have been getting tighter. Plus, our prices have been reasonable for the past month amidst disrupted import sales and the depreciating Egyptian pound. Plus, the issues on opening letters of credit at banks still continue and buyers mostly turn to us to meet their needs."
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