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Malaysian producer lifts local PET prices

by ChemOrbis Editorial Team -
  • 08/04/2015 (15:37)
A source from a Malaysian producer reported that they have implemented increases of MYR100-150/ton ($28-41/ton) on their local PET prices. “We are expecting prices to witness further increases in the days ahead as the explosion at Dragon Aromatics’ PX plant has strengthened PET sentiment in Asia,” the source stated.

The producer’s PET bottle offers currently stand at MYR3800-3850/ton ($1037-1051/ton) on an FD Malaysia, cash basis.
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