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Dalian Commodity Exchange poses fluctuation trend and ended the morning session with weak notes. May delivery contract for LLDPE decreased CNY5/ton ($1/ton) at CNY9565/ton ($1289/ton without VAT). Meanwhile, PP contract loses CNY19/ton ($3/ton), reaching CNY9297/ton ($1253/ton without VAT).

Homo-PP in Eastern China poses CNY100/ton ($15/ton) softer compared to yesterday, stands in the range CNY‎‎‎9050-9200/ton ($‎‎1220-1240/ton without VAT). In Northern China, LLDPE film stayed stable to CNY100/ton ($15/ton) decreased at CNY9350-9550/ton ($‎‎1260-1287/ton without VAT), all based on EXW China, cash equivalent.

Some players gradually return to the market today, however, overall market sentiments are still on the slow and quiet atmosphere. Some arbitrage traders are replenishing cargoes at market low end prices after receiving discounts, however, producers are still trying to insist on firm outlook for upcoming weeks claiming the expectation of picking up demand by end of February to beginning of March, due to low inventory level among manufacturers.