Friday, August 28, 2009

Price of LLDPE to rise in Malaysia-processors expected to absorb higher cost

The Malaysian Plastic Manufacturers Association (MPMA) expects a 5% increase in the price of linear low-density polyethylene (LLDPE) next month. As the processors were expected to absorb much of the hhigher raw material cost, it could result in a demand slow down and affect the margins.

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