CommoPlast Article

Malaysian buyers reported having received fresh PP and PE offers for March delivery from a major local producer with drastic increases from the previous month with support from the recent development in the international market.

Material	Price List on 26 Feb. 21	USD Equivalent	Monthly Changes	USD Equivalent
*Combined and Reported by CommoPlast*
PPH film	RM6,490	$1,602	+RM 1,000	+$247
PPH yarn	RM6,290-6,390	$1553-1578	+RM 1,000	+$247
PPH inj	RM6,490	$1,602	+RM 1,000	+$247
BOPP	RM6,860	$1,694	+RM 1,000	+$247
PPBC	RM6,480-6,550	$1600 - 1617	+RM 1,000	+$247
PPRC	RM6,760-6,860	$1669 - 1694	+RM 1,000	+$247
HD film	RM5,110-5,530	$1262 - 1365	+RM 400	+$99
HD blow	RM5,190	$1,281	+RM 400	+$99
HD inj	RM5,240 - 5,340	$1294 - 1319	+RM 400	+$99
HD yarn	RM5,200	$1,284	+RM 400	+$99
LD film	RM6,790	$1,677	+RM 500	+$123
LD inj	RM6,990	$1,726	+RM 500	+$123
LD coating	RM7,030	$1,736	+RM 500	+$123
LD Gen Purp	RM6,650	$1,642	+RM 500	+$123
LLDPE Film	TBA
All based on FD Malaysia terms Exchange rates: USD 1 = MYR 4.05

Malaysian buyers are puzzled by the increases and become very reluctant to accept the new offers. “We received a number of complaints from regular customers, who are struggling to abruptly increase end-product prices. Many are now entering negotiations with end product buyers before making new purchases to avoid risks,” a distributor added.

Such movement is observed across the Southeast Asia region as manufacturers prefer to secure new PO for end-product before proceeding with new replenishment, causing a generally sluggish trading sentiment in spite of a clearly firming outlook.

Malaysian producer drastically lifted local PP, PE offers for March delivery