Malaysian producer slashes local PP and PE prices for February delivery
Malaysian producer slashes local PP and PE prices for February delivery
Malaysian buyers reported having received fresh PP and PE offers from a major local producer for February delivery with moderate to large decreases compared to the previous month, following the trend in the regional market.
The latest price list and changes are shown in the following table:
|
Material |
Price List on 26 Jan. 21 |
USD Equivalent |
Monthly Changes |
USD Equivalent |
|
Combined and Reported by CommoPlast |
||||
|
PPH film |
RM5,490 |
$1,356 |
-MYR 200 |
-$49 |
|
PPH yarn |
RM5,290-5,390 |
$1306 - 1331 |
-MYR 200 |
-$49 |
|
PPH inj |
RM5,490 |
$1,356 |
-MYR 200 |
-$49 |
|
BOPP |
RM5,860 |
$1,447 |
-MYR 100 |
-$25 |
|
PPBC |
RM5,480-5,550 |
$1353 - 1370 |
-MYR 100 |
-$25 |
|
PPRC |
RM5,760-5,860 |
$1422 - 1447 |
-MYR 100 |
-$25 |
|
HD film |
RM4,710-5,110 |
$1163-1262 |
-MYR 100 |
-$25 |
|
HD blow |
RM4,790 |
$1,183 |
-MYR 100 |
-$25 |
|
HD inj |
RM 4,840-4940 |
$1195 - 1220 |
-MYR 100 |
-$25 |
|
HD yarn |
RM4,800 |
$1,185 |
-MYR 100 |
-$25 |
|
LD film |
RM6,290 |
$1,553 |
-MYR 200 |
-$49 |
|
LD inj |
RM6,490 |
$1,602 |
-MYR 100 |
-$25 |
|
LD coating |
RM6,530 |
$1,612 |
-MYR 100 |
-$25 |
|
LD Gen Purp |
RM6,150 |
$1,519 |
-MYR 200 |
-$49 |
|
LLDPE Film |
TBA |
|
|
|
|
All based on FD Malaysia terms Exchange rates: USD 1 = MYR 4.05 |
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Demand in Malaysia has been declining in recent weeks as a result of the renewed COVID-19 lockdown and the approaching Lunar New Year, from which manufacturers are avoiding keeping high inventory levels.