Malaysian maker announced local PP and PE offers for January
Malaysian maker announced local PP and PE offers for January
A major local producer in Malaysia has opened fresh offers for January delivery with increases from the previous month regardless of the downtrend observed in the import ground.
The latest price list and changes are shown in the following table:
|
Material |
Price List on 29 Dec. 20 |
USD Equivalent |
Monthly Changes |
USD Equivalent |
|
Combined and Reported by CommoPlast |
||||
|
PPH film |
RM5,690 |
$1,405 |
+MYR 300 |
+$74 |
|
PPH yarn |
RM5,490-5,590 |
$1356 - 1380 |
+MYR 300 |
+$74 |
|
PPH inj |
RM5,690 |
$1,405 |
+MYR 300 |
+$74 |
|
BOPP |
RM5,960 |
$1,472 |
+MYR 300 |
+$74 |
|
PPBC |
RM5,580-5,650 |
$1378 - 1395 |
+MYR 300 |
+$74 |
|
PPRC |
RM5,860-5,960 |
$1447 - 1472 |
+MYR 300 |
+$74 |
|
HD film |
RM4,810-5,210 |
$1118-1286 |
+MYR 250 |
+$62 |
|
HD blow |
RM4,890 |
$1,207 |
+MYR 250 |
+$62 |
|
HD inj |
RM4,940 |
$1220 |
+MYR 250 |
+$62 |
|
HD yarn |
RM4,900 |
$1,210 |
+MYR 250 |
+$62 |
|
LD film |
RM6,490 |
$1,602 |
+MYR 800 |
+$198 |
|
LD inj |
RM6,590 |
$1,627 |
+MYR 800 |
+$198 |
|
LD coating |
RM6,630 |
$1,637 |
+MYR 800 |
+$198 |
|
LD Gen Purp |
RM6,350 |
$1,568 |
+MYR 800 |
+$198 |
|
LLDPE Film |
TBA |
|
|
|
|
All based on FD Malaysia terms Exchange rates: USD 1 = MYR 4.05 |
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Players expected a certain degree of resistance toward the latest price list; however, buyers would have limited choices but to secure small quantities to meet the production needs ahead of the Lunar New Year festival. Many imported cargoes are taking longer to arrive at the market as a result of heavy congestion at the Klang port.