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Egypt’s TCI Sanmar reveals mid-April PVC prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 19/04/2016 (17:26)
In Egypt, one of the local PVC producers, TCI Sanmar, issued their new PVC k67-68 prices with an increase of EGP100/ton ($11/ton) for the second half of April. The producer now offers k67-68 at EGP9450/ton ($967/ton w/o VAT) on an ex-Port Said, cash including VAT basis.

A source from the producer stated, “We are currently operating at full rates and we are delivering without any problems both to our local and international customers.” The source previously highlighted that they have been seeing good demand from the local market given the fact that many players have abandoned their import purchases amidst higher USD exchange rates and ongoing problems when opening letters of credit at banks.

Prior to TCI Sanmar’s announcements, EPC, had also issued EGP100/ton ($11/ton) hikes both on their k67-68 and k70 prices for the second part of April.
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