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Trader: SE Asian producer reduces Nov PP, LDPE prices to Malaysia

by ChemOrbis Editorial Team -
  • 21/10/2014 (06:32)
According to a trader, a Southeast Asian producer has announced their November shipment prices to Malaysia with decreases for PP and LDPE compared with the past month. The trader said that the producer’s new prices are down by $100/ton for LDPE, $60/ton for homo-PP, $30-70/ton for PP block copolymer and $20-40/ton for PP random copolymer.

“We are planning to wait for other producers to announce their prices for the coming month before taking a position. We believe that other producers are also likely to implement reductions on their prices for November,” the trader stated.

The producer’s prices currently stand at $1590/ton for LDPE film, $1630/ton for LDPE injection, $1640/ton for LDPE coating, $1570/ton for homo-PP injection and raffia, $1690/ton for PP block copolymer injection and at $1710/ton for PP random copolymer injection, all on a DAP Malaysia, cash basis.
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