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Egypt’s TCI Sanmar reveals PVC offers for H1 October

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/10/2017 (16:00)
In Egypt, one of the local PVC producers, TCI Sanmar, announced its PVC offers for the first half of October with increases of EGP200/ton ($11/ton) from their latest September prices.

The producer’s offers are reported at EGP20,720/ton for PVC k67-68, on an ex-Port Said, cash including VAT basis ($1030/ton without VAT).

“Demand is calm as players are watching the import PVC market closely, where prices are being adjusted downwards. Hence, we will also keep an eye on the import market to have an idea about the upcoming trend. Decreases are more likely as long as import prices continue to fall. Moreover, we are operating our plant at normal rates and deliveries to our customers are smooth,” said a producer source.
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