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Egypt’s TCI Sanmar reveals February PVC prices

by ChemOrbis Editorial Team -
  • 04/02/2015 (09:32)
One of Egypt’s two local producers, TCI Sanmar, has announced their February prices with rollovers in line with a similar announcement from EPC. The producer’s offers stand at EGP7750/ton ($928/ton without VAT) on ex-Port Said, cash including VAT basis.

A source from the producer reported, “Considering the firmer import offers and the depreciating Egyptian pound against the US dollar, which support local sales, we rolled over our prices. Over the near term, we expect to see further improvement on demand. For February, we will have export commitments to fulfill and our operations are proceeding normally. At the moment, we feel free from sales pressure and we are mulling over for some increases on our export prices.”
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