CommoPlast

Malaysian maker announced December delivery PP, PE offers to domestic market

Malaysian maker announced December delivery PP, PE offers to domestic market



Market players in Malaysia reportedly received fresh offers from a major producer in Malaysia for December delivery, with MYR300-400/ton ($72-95/ton) decrease for PP, MYR250-400/ton ($60-95/ton) decrease for HDPE and MYR300-370/ton ($72-88/ton) decrease for LDPE as compared to last month. Players attributed lower prices toward the recent weak currency as well as slow demand alongside with continuous softening trend of import market.

The full price list and month-on-month changes are shown in the following table: