Egypt’s SIDPEC’s HDPE inj. line at reduced capacity
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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