Egypt’s EPC reveals H1 September PVC offers
by ChemOrbis Editorial Team - content@chemorbis.com
Egypt’s EPC, one of the two local PVC producers, has increased its offers by EGP1000/ton ($63/ton) for the first half of September from its latest levels in August.
The producer’s fresh PVC offers stand at EGP15,100/ton ($951/ton) for K67-68, on ex-Alexandria, cash excluding VAT basis.
A source from the producer reported, “Demand is healthy, especially from export markets. Meanwhile, our stocks remain limited as the facility is still under maintenance. We will continue fulfilling volume commitments from stocks and sell small quantities for September."
The source also added that their facility was expected to return to production in around 10 days.
EPC’s chlorine plant was shut in late February. The restart was delayed several times as the COVID-19 restrictions prevented the arrival of foreign experts that were supposed to work on the plant.
The producer’s fresh PVC offers stand at EGP15,100/ton ($951/ton) for K67-68, on ex-Alexandria, cash excluding VAT basis.
A source from the producer reported, “Demand is healthy, especially from export markets. Meanwhile, our stocks remain limited as the facility is still under maintenance. We will continue fulfilling volume commitments from stocks and sell small quantities for September."
The source also added that their facility was expected to return to production in around 10 days.
EPC’s chlorine plant was shut in late February. The restart was delayed several times as the COVID-19 restrictions prevented the arrival of foreign experts that were supposed to work on the plant.
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