Market sources in Malaysia informed SSESSMENTS.COM that a local producer has started announcing PE and PP price list for June deliveries. Compared to last month’s price list, the producer initiated increases on PE offers across all grades between MYR100-200/ton ($22-45/ton). For PP, offers surfaced with an upward adjustment of between MYR100-280/ton ($22-64/ton) as compared to the same period.
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The producer’s offers on 30 days credit term, FD basis, excluding VAT, for a quantity of above 10 tons are as follows:
| Product | June 2020 Price List (MYR/ton) | Equivalent in USD/ton | Changes From May 2020 (MYR/ton) | Changes From May 2020 (USD/ton) |
|---|
| PPH Injection | 4,030 | 926 | 280 | 64 |
| PPH Raffia | 4,080-4,130 | 938-949 | 280 | 64 |
| PPH Film | 4,230 | 972 | 280 | 64 |
| PPBC Injection | 4,160-4,230 | 956-972 | 100 | 22 |
| PP Random Extrusion Coating | 4,600-5,190 | 1,057-1,193 | 180 | 41 |
| PPRC Injection | 4,540 | 1,044 | 180 | 41 |
| HDPE Film | 3,580-4,310 | 823-991 | 180-200 | 41-45 |
| HDPE Blow Mold | 3,660 | 841 | 180 | 41 |
| LDPE Film | 4,110-4,250 | 977-1,000 | 100 | 22 |
| LDPE Injection | 4,350 | 1,000 | 100 | 22 |
| LDPE Coating | 4,390 | 1,009 | 100 | 22 |
| HDPE Injection | 3,580-4,040 | 823-929 | 180 | 22 |
Description: *USD/MYR exchange rate = 4.35031
Tags: Asia Pacific,English,Malaysia,News,PE,PP,SEA
Published on May 28, 2020 4:56 PM (GMT+8)
Last Updated on May 28, 2020 6:00 PM (GMT+8)
