14 April 2011 04:30 [Source: ICIS news]
SINGAPORE (ICIS)--Egypt's Oriental Petrochemicals Co. (OPC) is running its polypropylene (PP) plant at an operating rate of about 80% because propylene supply from Libya has ceased, a company source said on Wednesday.
“We have another supplier from
“High propylene prices in
Domestic PP raffia prices were heard at Egyptian pound (£E) 11,160/tonne ($1872.5/tonne) ex-factory. On a CFR (cost & freight) Egypt basis, discussions were heard for April shipments at $1,750-1,800/tonne for the GCC (Gulf Cooperation Council) region.
($1= £E5.96, $1 = €0.69)
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