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

by ChemOrbis Editorial Team -
  • 15/09/2017 (13:57)
Egypt’s local PVC producer, EPC, has announced new offers for the second half of September with increases of EGP800/ton ($45/ton) compared to the initial September offers, reported a source close to the company.

EPC’s new PVC offers are reported at EGP17,800/ton ($1008/ton) for PVC k67-68 and at EGP18,600/ton ($1053/ton) for k70, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.

The source reported that they raised their offers in line with the global firming trend as well as relatively better demand from customers. He added, “Our plant is operating at normal rates and we have good stocks to be able to deliver smoothly to our customers. The feedback we receive from the market has been good so far as they started to book their needs. Furthermore, we will only deliver to the local market until the end of the month, skipping export markets.”
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