Egypt’s PE Producers Announce July Offers to Local Market
SIDPEC, one of Egypt’s key PE producers, lowered its July offers after attempting to maintain stable prices in previous months. However, increasing pressure from competitively priced Saudi cargoes and a generally bearish market environment forced the producer to revise prices sharply downward.
SIDPEC July PE Prices
HDPE Film
Current Price: EGP 59,000/ton
Previous Price: EGP 90,000/ton
Monthly Change: ▼ EGP 31,000/ton
HDPE Blow Molding
Current Price: EGP 64,000/ton
Previous Price: EGP 93,000/ton
Monthly Change: ▼ EGP 29,000/ton
HDPE Injection
Current Price: EGP 64,000/ton
Previous Price: EGP 92,000/ton
Monthly Change: ▼ EGP 28,000/ton
The prices are quoted ex-Alexandria on 60-day deferred payment terms, excluding VAT.
Meanwhile, ETHYDCO also announced fresh reductions for July, extending the downward trend for a second consecutive month. The producer reduced several grades significantly and reintroduced LLDPE film to its price list after its absence in June.
ETHYDCO July PE Prices
HDPE Film
Current Price: EGP 60,000/ton
Previous Price: EGP 80,000/ton
Monthly Change: ▼ EGP 20,000/ton
LLDPE Film
Current Price: EGP 62,000/ton
Previous Price: Not Offered in June
Monthly Change: Reintroduced
HDPE Blow Molding
Current Price: EGP 64,000/ton
Previous Price: EGP 81,800/ton
Monthly Change: ▼ EGP 17,800/ton
HDPE Injection
Current Price: EGP 64,000/ton
Previous Price: EGP 81,800/ton
Monthly Change: ▼ EGP 17,800/ton
HDPE Pipe (80)
July Offer: Not Quoted
June Price: EGP 82,800/ton
ETHYDCO prices are quoted ex-Alexandria on cash terms, excluding VAT.
Market participants attributed the latest reductions to weak purchasing activity, declining import values, and improved material availability in the domestic market. Sellers are reportedly facing liquidity pressures and are actively reducing inventories amid expectations of further price declines during July.
The overall market outlook remains bearish, with buyers continuing to adopt a cautious purchasing strategy while awaiting additional corrections.
Stay ahead of market trends with the Credco app. For any queries, please reach out via WhatsApp at +91 8448083211
Related on the Wire
- Polymer·Monday, 2 November 2026
Egyptian PE Producers Announce Further Domestic Price Increases for November
Egypt’s domestic polyethylene market continued its upward movement at the start of November, with SIDPEC and ETHYDCO implementing fresh price increases following October’s gains. Stronger international market indications and limited import activity have supported local sellers…
Read story - Polymer·Monday, 2 November 2026
Indonesian Producer Raises Domestic PE and PP Offers for Fifth Consecutive Round
A major Indonesian polymer producer has announced another round of increases in its domestic polyethylene (PE) and polypropylene (PP) offers, marking the fifth consecutive pricing round with stable-to-higher levels. The latest adjustments were supported by stronger cost pressu…
Read story - Polymer·Tuesday, 13 October 2026
Chinese PP and PE Offers Climb Above $1,400/ton in Vietnam as Buyers Hold Back
Chinese suppliers have returned to Vietnam’s polypropylene (PP) and polyethylene (PE) markets after the National Day holiday with substantial price increases, raising offers by around $100/ton or more in a week. Homo-PP raffia and key PE film grades are now being quoted at $1,…
Read story - Polymer·Tuesday, 22 September 2026
Saudi Producer Raises October PE Offers Sharply in Vietnam
A major Saudi Arabian PE producer has announced its October offers to Vietnam, returning to substantial three-digit price increases after reducing prices over the previous month. For October shipments, the producer increased its HDPE film offer by $140/ton compared with the pr…
Read story