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Egypt’s OPC issues September PP raffia prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 05/09/2016 (17:26)
In Egypt, one of the local producers, OPC, announced their September PP raffia prices with increases of EGP600/ton ($68/ton) from August. The producer’s new offers currently stand at EGP13100-13500/ton ($1476-1521/ton) on an ex- Ain Sokhna, cash not including VAT basis.

A source from the producer stated, “We shut our plant on September 2 for maintenance while we are planning to resume operations on September 10. Demand towards our cargoes is healthy as buyers prefer to make local purchases nowadays due to ongoing financial issues in the import market.”
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