Egypt's EPC reveals H2 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 second half of December with increases of EGP300/ton ($17/ton) compared to the initial December offers, reported a source close to the company.
EPC’s PVC offers currently stand at EGP16,500/ton ($924/ton) for PVC k67-68 and at EGP17,300/ton ($968/ton) for k70, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
A producer source commented, “We raised our prices in line with the improving demand and increasing import PVC offers. Our plant is running at full rates and we are delivering to our customers smoothly.”
EPC’s PVC offers currently stand at EGP16,500/ton ($924/ton) for PVC k67-68 and at EGP17,300/ton ($968/ton) for k70, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
A producer source commented, “We raised our prices in line with the improving demand and increasing import PVC offers. Our plant is running at full rates and we are delivering to our customers smoothly.”
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