Malaysia's major lifted PP and PE offers in domestic market

A major Malaysian producer reportedly increased local offers by MYR400/t ($103/t) for homo-PP, MYR200-210/t ($51-54/t) for copolymer-PP, MYR220-230/t ($56-59/t) for HDPE, MYR190-230/t ($49-59/t) for LDPE and MYR210-240/t ($54-62/t) for LLDPE. Source from the producer informed that tight supply and firming global trend is the main support behind such big hike.

The producer's latest price list is shown in the following table:

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