Asia PP Daily: Port congestion pushes China's export prices sharply higher as Malaysia's allocations tighten

A fresh surge in Chinese export offers, collided with worsening port congestion and freight costs that are eroding China's competitiveness just as Indonesia's import market faces the same squeeze, while a major Malaysian producer's tightened allocations, driven by feedstock constraints, pulled buying interest sharply higher and Vietnam's market stayed shut for the National Day holiday.