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NewsSSESSMENTS: Malaysian Producer Announces July 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 July deliveries. As compared to last month’s price list, the producer opted to apply an upward adjustment of between MYR200-380/ton ($47-89/ton) across PE grades, with the exception for LLDPE Film C4 no comparison recorded from the previous month. Likewise, PP offers across different grades increased between MYR280-320/ton ($65-75/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:

ProductJuly 2020 Price List (MYR/ton)Equivalent in USD/tonChanges From June 2020 (MYR/ton)Changes From June 2020 (USD/ton)
PPH Injection4,3501,01632075
PPH Raffia4,400-4,4501,028-1,04032075
PPH Film4,5501,06332075
PPBC Injection4,440-4,5101,037-1,05428065
PP Random Extrusion Coating4,880-5,4701,140-1,27828065
PPRC Injection4,8201,12628065
HDPE Film3,960-4,640925-1,08438089
HDPE Blow Mold4,04094438089
LDPE Film4,390-4,5301,026-1,05828065
LDPE Injection4,6301,08228065
LDPE Coating4,6701,09128065
HDPE Injection3,960-4,240925-991200-38047-89
LLDPE Film C44,270998No ComparisonNo Comparison
Description: *USD/MYR exchange rate = 4.28048

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

Published on June 30, 2020 2:17 PM (GMT+8)
Last Updated on June 30, 2020 2:17 PM (GMT+8)