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May delivery contract on Dalian Commodity Exchange extended firm trend for morning session, with PP futures increased CNY126/ton ($19/ton) to CNY9215/ton ($1192/ton without VAT). LLDPE futures firmed up CNY95/ton ($14/ton) at CNY9635/ton ($1246/ton without VAT).

Domestic spot PP in Eastern China stands in the range CNY9100-9250/ton ($‎‎1177-1196/ton without VAT), a CNY100/ton ($15/ton) hike as compared to yesterday. Meanwhile, spot LLDPE film traded in Northern China rose CNY100/ton ($15/ton) at CNY9700-9800/ton ($‎‎1254-1267/ton without VAT). All based on EXW China, including VAT, cash term.

Buying appetite among converters remained calm although domestic producers and traders are adjusting their offers up following firmer futures market. Manufacturers are still sourcing cargoes based on need, meanwhile some traders claimed to have slightly slower sales this morning as compared to yesterday.