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."
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- European PP hits new highs after 3-digit hikes for January
- Turkey’s PP, PE markets open 2021 with supply-driven hikes
- Vietnam’s local homo-PP market retreats for 3rd week on subdued demand
- China’s PE demand wavers amid controls on environmental pollution and electricity use
- January trend takes shape in Egypt’s PP, PE markets
- Stats: Turkey’s 2020 polymer imports set to beat the 2017 record
- China PP, PE markets close 2020 on a soft note; SE Asia feels pressure
- Stats: China’s total PE imports down for 2nd month in November
- Egypt PET markets poised to end the year on a strong note
- China ABS prices move below SEA after 8 months
