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Egypt’s EPC issues mid-month PVC prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 15/12/2014 (10:48)
Egyptian PVC producer EPC has issued their new prices for the second half of December. The producer’s new prices came in line with expectations and indicated a drop of EGP200/ton ($28/ton) at EGP7400/ton ($1035/ton) for PVC k67-68 and at EGP7550/ton ($1056/ton) for PVC k70 on an ex-Alexandria, cash not including VAT basis.

A source from the producer commented, “Demand can be deemed as moderate and we are delivering our cargoes without any problems. However, we issued decreases in line with the globally softer trend and steadily decreasing import prices. At the moment, we hold sufficient quantities to offer and we are running our plant at full capacity."

The producer still maintains their discount system issued at the beginning of the month. They continue to offer 1% discount for purchases around 100 tons, 1.5% discount for quantities between 300-500 tons, 2% discount for 500-700 tons and 2.5% discount for quantities 1000 tons.
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