Egypt’s PP market hits the lowest levels since 2009

According to ChemOrbis Price Wizard, Egypt’s PP raffia market hit its lowest levels seen since 2009 both for import and local prices. This past week, distributors’ overall raffia prices saw additional decreases of EGP100-500/ton ($13-64/ton). Within the range, Egyptian cargoes tracked a stable to EGP150/ton ($19/ton) softer trend while locally held Middle Eastern cargoes were […]

African markets receive June PP, PE prices

According to ChemOrbis, players operating in African markets including Kenya, South Africa and Egypt have started to receive new import PP and PE prices for June cargoes. The new offers came in line with the players’ expectations. Prices from the Middle East indicate increases from May levels but the hike amounts are not as large […]