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Egypt’s HDPE producer reveals July prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 01/07/2015 (17:45)
In Egypt, the local HDPE producer SIDPEC revealed their new July prices at a rollover from June levels. Now, the producer’s offers remain at EGP12800/ton ($1678/ton) for HDPE film, EGP12900/ton ($1538/ton) for HDPE blow moulding and at EGP12700-12900/ton ($1514-1538/ton) for HDPE injection on ex-Alexandria, cash not inc VAT basis.

A source from the company highlighted that this is their second rollover decision for the last two months and added that the buying interest remains slow. “The market is stagnant and we think that decreasing our offer levels would not make a change so, we decided to maintain our levels. We currently hold sufficient supplies and we are delivering without any problems,” he added.
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