Egypt’s EPPC tracks the global firming PP trend
by ChemOrbis Editorial Team - content@chemorbis.com
One of Egypt’s PP producers, EPPC, issued their new March raffia and fibre offers with an increase of $10/ton from February. Now, the producer offers raffia at $950/ton and fibre at $970/ton on ex-works, Port Said, cash basis.
A source from the producer stated, “We are running our plant smoothly and we hold sufficient quota amounts to deliver to our customers. However, fluctuating US dollar exchange rates in the black market continue to hinder trading activities."
A source from the producer stated, “We are running our plant smoothly and we hold sufficient quota amounts to deliver to our customers. However, fluctuating US dollar exchange rates in the black market continue to hinder trading activities."
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