Egypt’s TCI Sanmar reveals H1 December PVC offers
by ChemOrbis Editorial Team - content@chemorbis.com
In Egypt, one of the local PVC producers, TCI Sanmar, has kept its PVC offers for the first half of December unchanged from its latest levels, in line with market expectations.
The producer’s offers stand at EGP15,700-15,900/ton ($875-886/ton) for PVC k67-68 on an ex-Port Said, cash not inc VAT basis.
“Demand is stable and we have no stock pressure as we have already sold out our November cargoes. Operations are going smoothly at our plant and we continue to offer discounts for big-volume purchases," added the source.
Earlier this week, Egypt’s other local PVC producer, EPC, also announced its new offers for the first half of December with rollovers at EGP15,700/ton ($875/ton) for PVC k67-68, on ex-Alexandria, cash exc. VAT basis.
The producer’s offers stand at EGP15,700-15,900/ton ($875-886/ton) for PVC k67-68 on an ex-Port Said, cash not inc VAT basis.
“Demand is stable and we have no stock pressure as we have already sold out our November cargoes. Operations are going smoothly at our plant and we continue to offer discounts for big-volume purchases," added the source.
Earlier this week, Egypt’s other local PVC producer, EPC, also announced its new offers for the first half of December with rollovers at EGP15,700/ton ($875/ton) for PVC k67-68, on ex-Alexandria, cash exc. VAT basis.
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