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Egypt’s EPPC cuts January PP prices

by ChemOrbis Editorial Team -
  • 05/01/2015 (15:58)
In Egypt, local PP producer EPPC announced their new January PP raffia and fibre offers with decreases of EGP1649/ton ($231/ton) and EGP1565/ton ($219/ton), respectively. EPPC’s new prices stand at EGP9516/ton ($1331/ton) for raffia and at EGP9754/ton ($1365/ton) for fibre on ex-Port Said, cash not including VAT basis.

A source from the producer commented that they decreased their prices in line with the bearish global trend. “We are currently running our plant at full capacity and we hold sufficient supply levels to cover the market’s needs,” he added.
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