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PP futures for January delivery extended further reduction for the morning session with decreased of CNY33/ton ($5/ton) from the previous session, reaching CNY8876/ton ($1143/ton without VAT).

Same contract for LLDPE concluded the session at CNY9580/ton ($1233/ton without VAT), a drop of CNY70/ton ($11/ton).

PP spot market in East China at CNY8750-9000/ton ($‎1126-1158/ton without VAT), a CNY50/ton ($8/ton) decreased as compared to yesterday.

LLDPE film spot market in North China at CNY9600-9700/ton ($‎1236-1249/ton without VAT), remain largely stable as compared to yesterday.

Futures market poses weak trend throughout the morning session, whereby there are some deals concluded at the market low-end price ranges, as traders are replenishing some cargoes due to recent low on-hand inventory. Buying appetite among buyers are slower than yesterday.