Local producer has issues on PE supply in Malaysia

PE players in Malaysia reported that a local producer is having issues on supplying all PE grades to the country.

An agent of a local producer reported that the producer’s supply is tight for all PE grades. “Our supplier had delayed our deliveries. We think that the producer may cut its allocation to the local market in order to provide materials for the export market as the ringgit is weakening against the US dollar. The local market is weak while exporters’ businesses are better for now,” he commented.

A trader also opined, “The local producer is having supply issues at their LDPE line just like their LLDPE line that usually deals with the same problem. Furthermore, even their HDPE supply is limited.”

A converter also reported that the local producer informed them that their LLDPE shipment will be delayed.