Further price hike on Malaysia's domestic PP, PE offers for September

Malaysian players reportedly received fresh offers from a major local maker for September delivery with an increased of MYR200/ton ($47/ton) for PP and LDPE, MYR250/ton ($59/ton) hike for HDPE as compared to last month. Players attributed the price hike to recent firmer international market trend, as well as low supply pressure from domestic producers.

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