Egypt’s EPC issues lower PVC offers for H1 April
by ChemOrbis Editorial Team - content@chemorbis.com
In Egypt, one of local PVC producers, EPC, issued its new PVC prices for the first half of April with decreases of EGP400 ($22/ton) from its latest March offers, citing globally weak PVC markets as well as its poor sales activities in the second part of March as the main reasons behind its downward decision.
EPC’s new PVC offers are reported at EGP18,000/ton ($989/ton) for PVC k67-68 and at EGP18,800/ton ($1033/ton) for k70, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
A producer source noted that their plant is running at full rates and their deliveries are normal.
EPC’s new PVC offers are reported at EGP18,000/ton ($989/ton) for PVC k67-68 and at EGP18,800/ton ($1033/ton) for k70, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
A producer source noted that their plant is running at full rates and their deliveries are normal.
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