Egypt’s EPC reveals higher prices for June, resumes production
by ChemOrbis Editorial Team - content@chemorbis.com
In Egypt, one of the local PVC producers, EPC, issued its new PVC prices for June with increases of EGP350/ton ($19/ton) from its latest May offers.
Accordingly, EPC’s new PVC offers are standing at EGP17,350/ton ($956/ton) for PVC k67-68 and at EGP18,150/ton ($1000/ton) for k70, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
“Demand is slowly improving for our products. We are running the plant at full rates and our deliveries are going normally,” said a producer source.
The source also highlighted that they will source their ethylene supplies from ETHYDCO in July as SIDPEC will have a shutdown maintenance in July.
Accordingly, EPC’s new PVC offers are standing at EGP17,350/ton ($956/ton) for PVC k67-68 and at EGP18,150/ton ($1000/ton) for k70, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
“Demand is slowly improving for our products. We are running the plant at full rates and our deliveries are going normally,” said a producer source.
The source also highlighted that they will source their ethylene supplies from ETHYDCO in July as SIDPEC will have a shutdown maintenance in July.
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