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Malaysian producer announces local PP, PE prices for August

by ChemOrbis Editorial Team -
  • 26/07/2016 (16:53)
A distributor in Malaysia reported that a local producer has announced their August PP and PE prices to the domestic market as of today. According to the distributor, the producer’s new offers indicate increases of MYR70/ton ($17/ton) for most of the PE grades except for HDPE b/m, which posted a gain of MYR50/ton ($12/ton) while also raising their PP prices by MYR280/ton ($68/ton) for homo-PP raffia and injection and PPBC injection and by MYR230/ton ($56/ton) for PPRC injection compared to their most recent levels.

The producer’s new PP prices stand at MYR5080/ton ($1249/ton) for PP block copolymer injection, at MYR5330/ton ($1311/ton) for PP random copolymer injection and at MYR4840/ton ($1190/ton) for homo-PP raffia and injection, all on an FD Malaysia, 30 days deferred payment basis.

For PE, the producer’s prices are now at MYR5170/ton ($1272/ton) for LDPE film, at MYR5430/ton ($1335/ton) for LDPE injection, at MYR5270/ton ($1296/ton) for LLDPE film, at MYR4920/ton ($1210/ton) for HDPE film and at MYR5000/ton ($1230/ton) for HDPE blow moulding with the same terms.
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