Local producer moderately lifted October PP, PE offers in Malaysia
Local producer moderately lifted October PP, PE offers in Malaysia
Malaysian customers have received October delivery offers for both PP and PE from a key local producer with moderate increases from September, following the development in the regional market.
The latest price list and changes are shown in the following table:
|
Material |
Price List on 29 Sept. 2021 |
USD Equivalent |
Monthly Changes |
USD Equivalent |
|
Combined and Reported by CommoPlast |
||||
|
PPH film |
RM6,010 |
$1,434 |
+MYR 100 |
+$24 |
|
PPH yarn |
RM5,810 - 5,910 |
$1,381 - 1,411 |
+MYR 100 |
+$24 |
|
PPH inj |
RM6,110 |
$1,458 |
+MYR 100 |
+$24 |
|
BOPP |
RM6,300 |
$1,504 |
+MYR 100 |
+$24 |
|
PPBC |
RM5,920 - 5,990 |
$1,413 - 1,430 |
+MYR 100 |
+$24 |
|
PPRC |
RM6,200 - 6,300 |
$1,480 - 1,504 |
+MYR 100 |
+$24 |
|
HD film |
RM5,230 - 5,700 |
$1,248 - 1,360 |
- |
- |
|
HD blow |
RM5,360 |
$1,279 |
- |
- |
|
HD inj |
RM5,410 - 5,510 |
$1,291 - 1,315 |
- |
- |
|
HD yarn |
RM5,320 |
$1,270 |
- |
- |
|
LD film |
RM6,720 |
$1,604 |
+MYR 130 |
+$31 |
|
LD inj |
RM6,920 |
$1,652 |
+MYR 130 |
+$31 |
|
LD coating |
RM6,960 |
$1,661 |
+MYR 130 |
+$31 |
|
LD Gen Purp |
RM6,580 |
$1,570 |
+MYR 130 |
+$31 |
|
LLDPE Film |
RM0 |
$0 |
- |
- |
|
All based on FD Malaysia terms Exchange rates: USD 1 = MYR 4.19 |
||||
Demand in Malaysia remains mediocre even though the government has eased the COVID-19 lockdown measures to allow the manufacturing sector to ramp up operating rates as vaccination rates increased.
“Given the recent price hikes in China and the improving buying interest regionwide, we think Malaysian customers would accept the new price list. Besides, availability is a bit tight,” a local trader commented.