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PP futures for January delivery showed significant rebound trend toward the end of morning session with hike of CNY106/ton ($16/ton) from the previous session, reaching CNY8997/ton ($1160/ton without VAT).

Same contract for LLDPE concluded the session at CNY9610/ton ($1239/ton without VAT), an increased of CNY20/ton ($3/ton).

PP spot market in East China at CNY8800-9050/ton ($‎1134-1167/ton without VAT), a CNY50-100/ton ($8-15/ton) up as compared to yesterday.

LLDPE film spot market in North China at CNY9550-9700/ton ($‎1231-1250/ton without VAT), remain largely stable to CNY50/ton ($8/ton) softer as compared to yesterday.

Futures market opened with a weak note but poses significant rebound trend approaching the closing time of morning session, causing market sentiment to show slight improvements, as buyers are more active to request for offers level. However, sellers informed that most of the customers have done stock replenishing for the week since past few days.