Egypt’s Misr Beni Suef exports to Libya decline

Egypt’s Misr Beni Suef exports to Libya decline
Published: 08 December 2011

Misr Beni Suef Cement (MBSC) exports to Lybian Market reached 1000t daily two months ago but have since declined, Almal newspaper reported. Firms exporting bids to Lybia increased from 50,000t to 300,000t.

The company’s managing director said that MBSC started to receive exporting bids to Libyan market since last October with good quantities. He added that exporting price ranges from US$45-47/t as selling prices in the local market decreased to EGP 350-400.

Source: arabfinance.com