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Malaysian producer announces local PE and PP offers for May

by ChemOrbis Editorial Team - content@chemorbis.com
  • 02/05/2017 (09:35)
Distributors in Malaysia reported that a local producer has announced its May prices to the domestic market as of today. According to distributors, the producer’s new offers indicate decreases of MYR100/ton ($23/ton) for all grades of PE and PP.

The producer’s new PE prices stand at MYR5330/ton ($1228/ton) for HDPE film, at MYR5410/ton ($1247/ton) for HDPE blow moulding, at MYR 5460/ton ($1258/ton) for HDPE inj, at MYR6050/ton ($1394/ton) for LDPE film, at MYR6250/ton ($1440/ton) for LDPE Inj., at MYR6380/ton ($1470/ton) for LDPE coating and at MYR5600/ton ($1290/ton) for LLDPE c4 film, all on an FD Malaysia, 30 days deferred payment term excluding VAT basis.

For PP, the producer’s prices currently stand at MYR5250/ton ($1210/ton) for homo-PP raffia and injection, at MYR5400/ton ($1244/ton) for homo-PP film, at MYR5500/ton ($1267/ton) for PPBC inj. and at MYR5800/ton ($1336/ton) for PPRC inj., all on an FD Malaysia, 30 days deferred payment term excluding VAT basis.

According to a distributor from the northern part of the country, the producer did not have offers for LLDPE c4 film in the previous month while another reported ongoing limitation for homo-PP grade PD943, PP copolymer grade SM488 and PP high flow MI50; which are all important for preparation of Eid festival.

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