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Egypt’s EPPC only issues PP fibre prices for December

by ChemOrbis Editorial Team -
  • 03/12/2015 (11:29)
Egypt’s EPPC revealed their new December PP prices, with a source from the producer highlighting that they only issued PP fibre prices for this month as they did not give any new PP raffia prices.

A source from the company commented, “In general, PP prices recorded decreases both in the local and import markets in line with the globally weak demand. We cut our PP fibre prices by $40/ton from November to $1110/ton on an ex-works Port Said, cash basis. However, we did not give new PP raffia prices because we still have lingering obligations to meet from November regarding raffia deliveries. Our USD basis offer levels hindered the process of completing our raffia sales.”
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