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May delivery contract on Dalian Commodity Exchange showed fluctuating trend for morning session, with PP futures reduced CNY6/ton ($1/ton) to CNY8857/ton ($1145/ton without VAT). LLDPE futures remain unchanged at CNY9365/ton ($1211/ton without VAT).

Domestic spot PP in Eastern China stands in the range CNY9000-9150/ton ($‎‎1164-1183/ton without VAT), a rollover compared to yesterday. Meanwhile, spot LLDPE film traded in Northern China slipped CNY50/ton ($8/ton) at CNY9550-9700/ton ($‎‎1235-1254/ton without VAT). All based on EXW China, including VAT, cash term.

Trading activities remained slow as approaching weekend, most of the buyers have sufficiently replenished cargoes for the week, meanwhile staying at the sideline wait and see. Sellers are feeling uncertain for the upcoming market direction, however, try to hold stable stance on their offers level with fluctuate futures market movements this morning.