Egypt's EPC reveals H1 Dec PVC offers to local market
by ChemOrbis Editorial Team - content@chemorbis.com
Egypt’s local PVC producer, EPC, has announced new offers for the first half of December with rollovers from the latest November levels, according to a producer source.
EPC’s December PVC offers are reported at EGP16,200/ton ($915/ton) for PVC k67-68 and at EGP17,000/ton ($961/ton) for k70, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
The source commented, “Our operations are at normal rates and we deliver smoothly to our customers. However, demand is rather slow as players are sticking to their needs-only purchases.”
EPC’s December PVC offers are reported at EGP16,200/ton ($915/ton) for PVC k67-68 and at EGP17,000/ton ($961/ton) for k70, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
The source commented, “Our operations are at normal rates and we deliver smoothly to our customers. However, demand is rather slow as players are sticking to their needs-only purchases.”
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- ABS reverses losses after 8 weeks in Asia; will upturn be sustainable?
- Import delays support European PP suppliers in July
- Asian PET markets in limbo between high costs and tepid demand
- India PVC sentiment improves further despite lower Aug offers from Taiwan
- Asian ethylene, propylene prices remain bullish but caution lingers
- African PP, PE markets offer mixed bag for July
- European PVC suppliers seek hikes for 14th straight month in July
- Turkey’s PP markets rise around 10% in a month
- India PVC sees first hike attempts after weeks of declines
- Import PE increases lose momentum in China, except for LDPE
