The domestic Malaysian PE market has violently breached the MYR 7,000/ton threshold for HDPE film, a historic pricing peak not witnessed since the severe structural supply shocks of mid-2022, according to CommoPlast data.
The Shenhua auction floor experienced a stark cooling of momentum on Friday as the hyper-bullish frenzy of the previous session gave way to intense pre-weekend caution.
The Shenhua auction floor experienced a powerful resurgence in liquidity on Thursday, directly catalysed by an explosive limit-up performance on the Dalian Commodity Exchange (DCE).