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Egypt's EPC reveals H2 Nov PVC offers to local market

by ChemOrbis Editorial Team - content@chemorbis.com
  • 15/11/2017 (14:32)
Egypt’s local PVC producer, EPC, has announced new offers for the second half of November with decreases of EGP800/ton ($45/ton) compared to the initial November offers, reported a source close to the company. The producer’s cumulative November decreases reached EGP1500/ton ($45/ton).

EPC’s new PVC offers are reported at EGP16,200/ton ($919/ton) for PVC k67-68 and at EGP17,000/ton ($964/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, “Decreases came in line with the global softening trend and lower import offers. We had to trim our levels further not only to compete with competitive imports but also to improve our sales. Our plant is running at full rates and we are delivering to the market smoothly.”
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