Egyptian PE Producers Keep August Pricing Largely Stable with Limited HDPE Film Increase

Egypt's domestic polyethylene market remained largely stable in August as both SIDPEC and ETHYDCO announced mostly unchanged local PE prices. The only notable adjustment was a EGP500/ton ($10/ton) increase in HDPE film grades, indicating that the sharp price declines seen in July may have reached a temporary floor. Despite the slight upward revision, buying activity remained subdued as converters continued purchasing only for immediate requirements.

SIDPEC adopted a cautious pricing strategy, citing volatile feedstock costs, ongoing regional uncertainty, and weak downstream demand. The producer left HDPE blow molding and HDPE injection grades unchanged while implementing a modest increase for HDPE film.

SIDPEC – August PE Prices

(Ex-Works Alexandria | 60-Day Payment | Excluding VAT)

HDPE Film
Current Price: EGP59,500/ton ($1,144/ton)
Monthly Change: ▲ EGP500/ton

HDPE Blow Molding
Current Price: EGP64,000/ton ($1,231/ton)
Monthly Change: No Change

HDPE Injection
Current Price: EGP64,000/ton ($1,231/ton)
Monthly Change: No Change

Following SIDPEC's announcement, ETHYDCO also revised its August price list with a similar EGP500/ton increase for HDPE film, while maintaining rollover prices for LLDPE film, HDPE blow molding, and HDPE injection grades. The company also listed its HDPE Pipe (80) grade without indicating any monthly comparison. Market participants reported that demand remained weak, with most buyers avoiding inventory build-up and continuing to purchase only as needed.

ETHYDCO – August PE Prices

(Ex-Works Alexandria | Cash Payment | Excluding VAT)

HDPE Film
Current Price: EGP60,500/ton ($1,163/ton)
Monthly Change: ▲ EGP500/ton

LLDPE Film
Current Price: EGP62,000/ton ($1,046/ton)
Monthly Change: No Change

HDPE Blow Molding
Current Price: EGP64,000/ton ($1,231/ton)
Monthly Change: No Change

HDPE Injection
Current Price: EGP64,000/ton ($1,231/ton)
Monthly Change: No Change

HDPE Pipe (80)
Current Price: EGP65,000/ton ($1,250/ton)
Monthly Change: Newly Listed (No previous comparison available)

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