Egypt’s SIDPEC’s HDPE inj. line at reduced capacity
by ChemOrbis Editorial Team - content@chemorbis.com
A source from Egypt’s SIDPEC reported that their HDPE injection line is not working at full capacity and added that their supplies for this product are not comfortable. “However, our HDPE film and blow moulding supplies are sufficient. Our HDPE film/blow moulding swing line is currently producing HDPE blow moulding but we continue to deliver HDPE film from our existing stocks. We have no supply issues for film or blow moulding grades this week,” he added.
The producer source also highlighted their strong sales and added that they expect this situation to last until the end of November given the shortage of imported cargoes and ongoing issues when trying to open letters of credit at banks.
SIDPEC’s November prices continued to remain at EGP11500/ton ($1469/ton) for HDPE film, at EGP12100/ton ($1545/ton) for HDPE blow moulding and at EGP12500-12800/ton ($1596-1635/ton) for HDPE injection on ex-Alexandria, cash not inc VAT basis.
The producer source also highlighted their strong sales and added that they expect this situation to last until the end of November given the shortage of imported cargoes and ongoing issues when trying to open letters of credit at banks.
SIDPEC’s November prices continued to remain at EGP11500/ton ($1469/ton) for HDPE film, at EGP12100/ton ($1545/ton) for HDPE blow moulding and at EGP12500-12800/ton ($1596-1635/ton) for HDPE injection on ex-Alexandria, cash not inc VAT basis.
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