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TCI Sanmar’s new PVC prices emerge in Egypt

by ChemOrbis Editorial Team - content@chemorbis.com
  • 05/10/2015 (17:55)
In Egypt, one of the local producers, TCI Sanmar, issued their new PVC prices for the first half of October with EGP100/ton ($13/ton) increases from their mid-September levels. The producer now offers k67-68 at EGP7800/ton ($906/ton w/o VAT) on ex-Egypt, cash inc VAT basis.

A source from the producer noted, “Overall local demand has been improving when compared to last month. Therefore, we slightly lifted up our prices. For now, we run our plant at full capacity and we are able to deliver our cargoes both to our local customers and export destinations without any problems. Meanwhile, we see better netbacks from Asia when compared to Europe in terms of our exports,” a company source cited.

Prior to TCI Sanmar’s announcement, the other local PVC producer EPC, too, issued their October prices with an increases of EGP100/ton ($13/ton) at EGP7100/ton ($907/ton) for k67-68 and at EGP7250/ton ($926/ton) for k70 on an ex-Alexandria, cash not including VAT basis.
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