Egypt's TCI Sanmar reveals H2 December PVC offers
by ChemOrbis Editorial Team - content@chemorbis.com
According to a source close to company, Egypt’s local PVC producer, TCI Sanmar, has announced its new offers for the second half of December with increases of EGP300/ton ($17/ton).
TCI Sanmar’s PVC offers stood at EGP16,000-16,200/ton ($893-902/ton) for PVC k67-68, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
“Our plant operations are good and we are seeing moderate demand from our customers,” the source stated and added that they are planning to increase their production rates by 2019.
TCI Sanmar’s PVC offers stood at EGP16,000-16,200/ton ($893-902/ton) for PVC k67-68, on ex-Alexandria, cash excluding VAT basis. The official exchange rate is used for the US dollar calculations.
“Our plant operations are good and we are seeing moderate demand from our customers,” the source stated and added that they are planning to increase their production rates by 2019.
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