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Dalian Commodity Exchange hovering on a firmer note for the morning session. Most actively traded contract 1805 for LLDPE increased CNY35/ton ($5/ton) to CNY9635/ton ($1252/ton without VAT) while PP contract added CNY53/ton ($8/ton), reaching CNY9236/ton ($1200/ton without VAT).

Eastern China market remains largely stable day on day, with spot homo-PP stands in the range CNY‎9100-9250/ton ($1182-1202/ton without VAT), EXW China, cash equivalent.

In Northern China, LLDPE film cargoes stayed stable to CNY50/ton ($8/ton) softer compared to end of last week, reaching ‎CNY9500-9650/ton ($1234-1253/ton without VAT), with the same term.

Stronger futures market in the first half of the trading day did not generate sufficient support for spot ground. The general sentiment remains soft as buyers are not willing to sit on high cost inventories throughout the holiday week. Souces are not expecting any major changes for the remaining of the year.