USA's homo-PP injection concluded at below $1000/ton mark in China 

According to market sources, couple of traders are mobilizing their homo-PP cargoes from futures to spot market this week, especially for USA’s PP injection cargoes, trading below the $1000/ton threshold. Deals for these parcels are reported at $980/ton CFR China, LC 60 days term. 

A trader received the offers commented, “There is no homo-PP yarn allocation. Even with such low level, the supplier bears no loses given profit earned in the previous futures trading. Meanwhile, other mainstream cargoes are still above the $1000/ton threshold, though buying interest in a little weak.”