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Egypt’s ETHYDCO announces October PE offers

by ChemOrbis Editorial Team -
  • 03/10/2017 (09:21)
In Egypt, a source from a local PE producer, ETHYDCO, reported that the producer announced its October PE offers with rollovers from September.

Accordingly, the producer’s offers remained at EGP22,800/ton ($1292/ton) for LLDPE c4 film, EGP22,600/ton ($1280/ton) for HDPE film and for b/m, all on an ex-Alexandria, cash not including VAT basis. The official exchange rate is used for the US dollar calculations.

The source attributed stable prices to comfortable supplies and slow demand, adding, “Demand is moderate while our operations are proceeding smoothly.”
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