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Malaysian producer revises Sept PP, PE prices up

by ChemOrbis Editorial Team - content@chemorbis.com
  • 11/09/2017 (20:42)
Distributors in Malaysia reported that a local producer implemented upward revisions on its September PP and PE prices as of today. According to distributors, the producer issued a further increase of MYR200/ton ($48/ton on its local offers after announcing its initial prices with larger hikes of around $58-70/ton.

The producer’s PE prices currently stand at MYR5480/ton ($1296/ton) for HDPE film, at MYR5560/ton ($1315/ton) for HDPE blow moulding, at MYR 5610/ton ($1326/ton) for HDPE inj., at MYR5950/ton ($1407/ton) for LDPE film, at MYR6150/ton ($1454/ton) for LDPE inj. and at MYR6330/ton ($1497/ton) for LDPE coating, all on an FD Malaysia, 30 days deferred payment excluding VAT basis.

For PP, the producer’s prices now stand at MYR5350/ton ($1265/ton) for homo-PP raffia and injection, at MYR5500/ton ($1300/ton) for homo-PP film, at MYR5550/ton ($1312/ton) for PPBC inj. and at MYR5850/ton ($1383/ton) for PPRC inj., all on an FD Malaysia, 30 days deferred payment excluding VAT basis.
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