Egypt's EPC reveals initial PVC offers for Sept in local market
by ChemOrbis Editorial Team - content@chemorbis.com
Egypt’s local PVC producer, EPC, has announced new offers for the first half of September with rollovers from August, reported a source close to the company.
EPC’s new PVC offers are reported at EGP17,000/ton ($962/ton) for PVC k67-68 and at EGP17,800/ton ($1007/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 kept their offers stable as demand remains quiet given the persisting holiday lull as players haven’t fully resumed operations yet. He added, “Our plant is operating at full capacity and we are mulling over exporting our cargoes this month as we have good stock levels.”
EPC’s new PVC offers are reported at EGP17,000/ton ($962/ton) for PVC k67-68 and at EGP17,800/ton ($1007/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 kept their offers stable as demand remains quiet given the persisting holiday lull as players haven’t fully resumed operations yet. He added, “Our plant is operating at full capacity and we are mulling over exporting our cargoes this month as we have good stock levels.”
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