Friday, August 19, 2011

Egyptian EPC’s hike opens arbitrage window for American PVC cargoes

Egypt's domestic petrochem maker - EPC announced EGP250/ton ($42/ton) increases on PVC k67-68 and 70 offers at the beginning of this week, as per ChemOrbis. The increase decision was not surprising giiven the fact that the producer’s previous prices were trading US$40-60/ton below the distribution market.

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