Malaysia's local PP, PE offers for August journey north

Malaysian players reportedly received fresh offers from a major local producer for August delivery with an increased of MYR120/ton ($28/ton) for PP, HDPE, MYR50/ton ($12/ton) for LDPE, and MYR100/ton ($23/ton) for LLDPE. Players attributed the price hike to recent firmer international market trend, despite weak demand in the market.

The producer's latest price list is shown in the following table: