Malaysian Producer Announces Sharp October PP and PE Hikes

A Malaysian producer has announced its October PP and PE offers for the domestic market, marking its third consecutive monthly price increase. Two of these hikes, including the latest round, were in the three-digit range.

Compared with September, October offers increased by MYR750/ton ($184/ton) for HDPE film, HDPE blow molding, PP block copolymer injection and PP random copolymer injection. LDPE injection and coating grades rose by MYR550/ton ($135/ton), while LDPE film increased by MYR600/ton ($147/ton).

Homo-PP raffia and injection grades were raised by MYR800/ton ($196/ton), while Homo-PP film recorded the largest increase at MYR900/ton ($221/ton). LLDPE film also climbed by MYR850/ton ($208/ton).

The new prices became effective from 5 PM on October 2, on an FD Malaysia basis with 30-day deferred payment terms.

October PP & PE Offers – FD Malaysia

HDPE Film
Current: MYR6,350/ton ($1,552/ton)
Previous: MYR5,600/ton
Change: +MYR750/ton

HDPE Blow Molding
Current: MYR6,350/ton ($1,552/ton)
Previous: MYR5,600/ton
Change: +MYR750/ton

LDPE Film
Current: MYR7,100/ton ($1,735/ton)
Previous: MYR6,500/ton
Change: +MYR600/ton

LDPE Injection
Current: MYR7,450/ton ($1,821/ton)
Previous: MYR6,900/ton
Change: +MYR550/ton

LDPE Coating
Current: MYR7,450/ton ($1,821/ton)
Previous: MYR6,900/ton
Change: +MYR550/ton

LLDPE Film
Current: MYR6,090/ton ($1,488/ton)
Previous: MYR5,240/ton
Change: +MYR850/ton

Homo-PP Raffia
Current: MYR6,300/ton ($1,540/ton)
Previous: MYR5,500/ton
Change: +MYR800/ton

Homo-PP Injection
Current: MYR6,300/ton ($1,540/ton)
Previous: MYR5,500/ton
Change: +MYR800/ton

Homo-PP Film
Current: MYR6,800/ton ($1,662/ton)
Previous: MYR5,900/ton
Change: +MYR900/ton

PP Block Copolymer Injection
Current: MYR6,550/ton ($1,601/ton)
Previous: MYR5,800/ton
Change: +MYR750/ton

PP Random Copolymer Injection
Current: MYR6,950/ton ($1,698/ton)
Previous: MYR6,200/ton
Change: +MYR750/ton

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