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Domestic PP and PE offers move north in MalaysiaDomestic PP and PE offers move north in Malaysia |
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A major producer from Malaysia has announced its offers for December delivery with an increased of MYR130/ton ($29/ton) for homo-PP, MYR170/ton ($38/ton) for copolymer-PP, MYR360/ton ($81/ton) for LDPE and MYR150/ton ($34/ton) for HDPE as compared to their latest offers on 10 November. Players attributed the price hike towards the continuous weaker currency.
The producer's latest price list is shown in the following table:
