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Trading activities on Dalian Commodity Exchange slow down ahead of the Golden Week as both PP and LLDPE contracts see little movement. 

Details on the spot and futures prices are shown in the following table:

Total inventories at Sinopec and CNPC’s warehouses reduced 10,000 tons from the previous trading day to 640,000 tons as on 28 September 2018, underlining the calmer trading condition in the spot ground.

Except for spot homo-PP, which still seeing some purchase inquiries, players reported significantly slower transactions for most of the other grades. Some companies are still working throughout this weekend, however, there are no major movements expected. 

“We are only working a half day today. Over the past trading sessions, we managed to deplete a good quantity of PP, PE cargoes. The market would see more movement in the post-holiday term,” a trader said.