Egypt’s EPPC reveals November homo PP offers
by ChemOrbis Editorial Team - content@chemorbis.com
EPPC, one of the two local PP producers of Egypt, revealed its new homo PP offers for November with rollovers from October in the face of disappointing demand, according to a company source.
The producer’s new offers are reported at $1180/ton for homo PP raffia and at $1200/ton for fibre, both on an ex-works Port Said, cash basis.
“Demand is moderate as converters need to reduce their operation rates and limit their purchasing volumes on poor end demand. Our plant is operating normally and we can delivery smoothly to our customers,” said the source.
The producer’s new offers are reported at $1180/ton for homo PP raffia and at $1200/ton for fibre, both on an ex-works Port Said, cash basis.
“Demand is moderate as converters need to reduce their operation rates and limit their purchasing volumes on poor end demand. Our plant is operating normally and we can delivery smoothly to our customers,” said the source.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PET sellers hunt for signs of market bottom in Europe
- India’s import PP, PE markets rebound in Jan after several months of declines
- Tight supplies keep Asian PVC markets bullish
- Crude oil market sentiment turns in favour of bulls
- Will European PVC take a breather from 9-month downtrend in February?
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
- European PP, PE markets open 2023 with renewed drops
