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Egypt’s OPC reveals new September PP offers

by ChemOrbis Editorial Team -
  • 12/09/2017 (10:18)
A source from one of Egypt’s local PP producers, OPC, reported that the producer announced its new PP raffia prices with increases of EGP400/ton ($22/ton) from its latest August levels.

Accordingly, the producer’s new offers are reported at EGP20,750-21,150/ton ($1174-1197/ton) on an ex- Ain Sokhna, cash not including VAT basis.

The source noted, “Its still early to evaluate demand state as players have just come back from the holidays. Still, we started to receive some inquiries. Our plant is running at full rates while we can deliver smoothly to our customers.”
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