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Egypt’s PP producer issues December prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/12/2014 (16:31)
Egypt’s domestic PP producer EPPC has announced their new prices for December. The producer offers raffia at EGP12282/ton ($1563/ton without VAT) on an ex-Port Said, cash including VAT basis. This price indicates EGP753/ton ($105/ton) decreases from November. Meanwhile, they offer PP fibre at EGP12451/ton with the same terms ($1585/ton without VAT),with a decrease of EGP749/ton ($105/ton).

A source from the company said, “We lowered our December prices and we are running our plant at full rates. We hold good supply levels, but we are yet to determine an export price.”
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