Egypt's EPC reveals H1 Dec PVC offers to local market

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.”