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NewsSSESSMENTS: Malaysian Producer Announces August PE, PP Price List To Local Market

Author: SSESSMENTS

Market sources in Malaysia informed SSESSMENTS.COM that a local producer has started announcing PE and PP price list for August deliveries. Compared to last month’s price list, the producer decided to adjust up offers across different PE grades between MYR60-220/ton ($14-52/ton), except for LLDPE Film C4 remains stable. For PP, offers surfaced with an upward adjustment of between MYR180-200/ton ($42-47/ton) as compared to the same period.

The producer’s offers on 30 days credit term, FD basis, excluding VAT, for a quantity of above 10 tons are as follows:

Polymer GradeAugust 2020 Price List (MYR/ton)Equivalent in USD/tonChanges From July 2020 (MYR/ton)Changes From July 2020 (USD/ton)
PPH Injection4,5501,07020047
PPH Raffia4,600-4,6501,082-1,09420047
PPH Film4,7501,11720047
PPBC Injection4,640-4,7101,092-1,10820047
PP Random Extrusion Coating5,0601,19018042
PPRC Injection5,0001,17618042
HDPE Film4,180-4,700983-1,10660-22014-52
HDPE Blow Mold4,2601,00222052
LDPE Film4,570-4,7101,075-1,10818042
LDPE Injection4,8101,13218042
LDPE Coating4,8501,14118042
HDPE Injection4,180-4,460983-1,049180-22042-52
LLDPE Film C44,2701,005No ChangesNo Changes
Description: *USD/MYR exchange rate = 4.25068

Tags: Asia Pacific,English,Malaysia,News,PE,PP,SEA

Published on July 28, 2020 6:04 PM (GMT+8)
Last Updated on July 28, 2020 6:04 PM (GMT+8)