KUALA LUMPUR: The plastics and packaging sector is expected to see better earnings across the board in the fourth quarter (Q4) of 2021 compared with the third quarter.
This will be achieved on the back of normalisation of operations with 100% workforce capacity, elevated average selling prices (ASPs) and resilient demand.
In a report, Kenanga Research estimated that plastic players operated at a utilisation rate of 65% to 75% in Q4, versus 55% to 60% in Q3.
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