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Malaysian producer announced February delivery PP, PE offers to domestic marketMalaysian producer announced February delivery PP, PE offers to domestic market |
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Malaysian buyers reported having received fresh PP and PE price list for February delivery from a major local producer with reduction month-on-month. The latest price list and changes are shown in the following table:
|
Product |
Price List (MYR/ton) |
USD Equivalent |
Changes in MYR |
Changes in USD |
Term |
|
PPH film |
4960 |
$1207 |
-MYR 200 |
-$49 |
FD Malaysia, cash term |
|
PPH yarn |
4810-4910 |
$1170-1195 |
-MYR 200 |
-$49 |
FD Malaysia, cash term |
|
PPH inj |
4960 |
$1207 |
-MYR 200 |
-$49 |
FD Malaysia, cash term |
|
BOPP |
5570 |
$1307 |
-MYR 200 |
-$49 |
FD Malaysia, cash term |
|
PPBC |
5160-5230 |
$1255-1273 |
-MYR 100 |
-$24 |
FD Malaysia, cash term |
|
PPRC |
5510-5570 |
$1316-1331 |
-MYR 100 |
-$24 |
FD Malaysia, cash term |
|
HD film |
4700-5150 |
$1144-1253 |
-MYR 80 |
-$19 |
FD Malaysia, cash term |
|
HD blow |
4780 |
$1163 |
-MYR 80 |
-$19 |
FD Malaysia, cash term |
|
HD inj |
4790 |
$1165 |
-MYR 80 |
-$19 |
FD Malaysia, cash term |
|
HD yarn |
4840 |
$1178 |
-MYR 80 |
-$19 |
FD Malaysia, cash term |
|
LD film |
4700-4760 |
$1158 |
- |
- |
FD Malaysia, cash term |
|
LD inj |
5150 |
$1253 |
- |
- |
FD Malaysia, cash term |
|
LD coating |
5190 |
$1263 |
- |
- |
FD Malaysia, cash term |
|
LD Gen Purp |
4660 |
$1134 |
- |
- |
FD Malaysia, cash term |
|
LL film |
- |
- |
- |
- |
FD Malaysia, cash term |
|
Exchange Rate: USD1 = MYR4.11 Email: admin@commoplast.com |
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The reduction is much in line with the softer demand condition given the fast approaching Lunar New Year holidays, sources said, while many are not very optimistic about the outlook in the post-holiday term.
“We think demand would be better in March. At the moment, players are very cautious about keeping too high inventories,” a source added.
Country
Malaysia
