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Egypt’s EPC reveals mid-July PVC prices after the holiday

by ChemOrbis Editorial Team - content@chemorbis.com
  • 20/07/2015 (17:26)
In Egypt, one of the local PVC producers, EPC, issued their mid-July prices following the Ramadan holiday. The producer elected to roll over their prices at EGP7450/ton ($951/ton) for PVC k67-68 and at EGP7600/ton ($971/ton) for PVC k70 on an ex-Alexandria, cash excluding VAT basis.

A source from the company stated, “Given the stagnant market conditions and weak buying interest following the Ramadan holiday, we did not feel the need to decrease our prices as players are already taking their time to come back to the market. At the moment, we are running our plant at full rates and we hold sufficient stock levels.”

Meanwhile, players are waiting to hear prices for the second half of the month from Egypt’s other domestic producer TCI Sanmar.
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