Egypt News

Tuesday
May 21st
  • Login
  • Sign up
    Registration
    Fields marked with an asterisk (*) are required.
    Name: *
    Username: *
    E-mail: *
    Password: *
    Verify Password: *
  • Search
Text size
  • Increase font size
  • Default font size
  • Decrease font size
Home arrow Entertainment arrow S. European LDPE moves higher for March in Egypt
S. European LDPE moves higher for March in Egypt Print E-mail
Thursday, 04 March 2010

A trader, who was offering South European LDPE film at $1550/ton on CIF Alexandria, 90 days deferred payment basis in February, reported issuing increases of $10/ton for March by pulling their prices up to $1560/ton with the same terms

Initially, the seller had announced their sell idea for the same origin at $1570-1580/ton, up by $20-30/ton from their February levels.

However, he had also commented that they weren’t feeling confident that they could sell at these higher levels due to slow demand and not so strong market sentiment.

The trader complains about sluggish demand and attributes this situation to the comfortable supply levels in the local market, where buyers can find lower prices.

Considering this, the seller is willing to offer discounts of up to $20/ton in return for firm bids. Looking at the local market, LDPE film offers are currently pegged between EGP9700-10000/ton on ex-warehouse cash including VAT, $1605-1655/ton without VAT.

 

 

 

EGYPT NEWS

» No Comments
There are no comments up to now.
» Post Comment
Email (will not be published)
Name
Title
Comment
 remaining characters
Captcha Image
Regenerate code when it's unreadable
 
< Prev   Next >

Cairo Cinema

Alice in Wonderland
Aysheen El Lahza
Alice in Wonderland
Aysheen El Lahza
Production Year: 2010
Language: English
Genres: Fantasy
 Production Year: 2010
Language: Arabic
Genres: Romantic
READ MORE READ MORE

Cairo Events

Zorba Ballet
8th Alexandria International Festival for Music and Singing

Egypt Video

Polls

Do you approve Egypt's Constitutional Amendments?
 

Initial Results for Egypt Historic referendum 2011

Initial Results for Egypt Historic referendum 2011

Egyptian constitutional amendments, Yes or No

Egyptian constitutional amendments, Yes or No

Cairo's Tahrir Square (Liberation Square)

Cairo's Tahrir Square (Liberation Square)

Main Menu

HomeEgypt NewsMiddle EastWorldBusinessScience - NatureEntertainmentSportsSpecial Reports

 

Killing of al-Qaeda leader Osama Bin Laden

Some reactions over the killing of Osama Bin Laden Former US President George W Bush This m...

 

Egypt Revolution: Key moments and Reaction around Middle East

 

Unrest in the Middle East and North Africa -- country by country

CNN Seven opposition groups were meeting in Bahrain on Sunday to consider their next steps after ...