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Egypt’s SIDPEC announces June PE prices to local market

by ChemOrbis Editorial Team -
  • 01/06/2020 (16:16)
In Egypt, local producer SIDPEC’s June offers were unchanged from May at EGP14,200/ton ($898/ton) for HDPE film, EGP14,300/ton ($904/ton) for HDPE inj. and EGP14,000/ton ($886/ton) for HDPE b/m, ex-Alexandria, cash not including VAT.

“This seems to be the best available strategy under the current market conditions,” a source from the producer said, adding that hike attempts are likely to be met with resistance from buyers.
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