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Egypt’s TCI Sanmar lowers PVC offers for H1 August

by ChemOrbis Editorial Team - content@chemorbis.com
  • 09/08/2017 (17:22)
In Egypt, one of the local PVC producers, TCI Sanmar, announced its PVC offers for the first half of August with decreases of EGP500/ton ($28/ton) from their latest July offers.

The producer’s offers are reported at EGP19,600/ton for PVC k67-68, on an ex-Port Said, cash including VAT basis ($963/ton without VAT).

“Demand is weak to moderate. Players are facing tight liquidity and poor economic conditions, hence they are limiting their purchases,” said a producer source.
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