Al Ahly Pharos

Pre-Session Views

Al Ahly Pharos
  • Strategy| Placing KIMA under watch
  • DSCW| Decline in Turkey’s apparel exports highlights shift to Egypt, reinforcing our bullish outlook on DSCW
  • DGTZ| A Nilex-born telecom contractor, riding on a concentrated c.EGP500 mn contract

Weekly Commodities Update

 |   | Last Price | WoW Change, %
| Brent, USD/bbl | 68.3 | 0.8%
| Diesel-HSFO Spread, USD/ton | 336.6 | 34.3%
| Egypt Urea, USD/ton | 455.0 | 0.0%
| Polyethylene, USD/ton | 930.0 | 1.1%
| Polypropylene, USD/ton | 970.0 | 0.5%
| Iron Ore 65%, USD/ton | 116.3 | 2.3%
| Steel/Iron Ore Spreads, USD/ton | 360.5 | -2.0%
| LME Aluminum Cash Price, USD/ton | 2,586.6 | -0.3%
| LME Copper Cash Price, USD/ton | 9,959.9 | -1.6%
| Egyptian Retail Cement, EGP/ton | 3,830.0 | -3.2%
| Steam Coal FOB Newcastle Australia, USD/ton | 110.0 | 3.2%
| Orange Concentrates USD/Lbs | 2.1 | -5.9%
| SMP, USD/MT | 2,718.0 | -2.1%