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A major producer from India has adjusted their offers for homo-PP to china with a decrease of $10/ton compared to last week to reach $1025/ton CFR China, LC at sight term.

A trader commented, "We heard that some large scale manufacturers are able to get $5/ton additional discount for serious deals. However, this price level is still more than CNY500-600/t ($72-87/ton) higher than local price, so it's still less competitive compared to domestic market. Hence we feel that import offers might be stable to slightly soft in the near term"