China Morning Express: 02 November2017
China Morning Express: 02 November2017

Future PP Contract 1801 closed at CNY8717/t ($1129/t exc VAT), -CNY13/t ($2/t)
Future LL Contract 1801 closed at CNY9545/t ($1236/t exc VAT), +CNY10/t ($2/t)
PP spot market in East China at CNY8700-8900/t ($1127-1153/t exc VAT), stable compared to yesterday.
LL spot market in North China at CNY9500-9700/t ($1230-1256/t exc VAT), stable compared to yesterday.
Trading activities and demand in the morning are average, there are deals concluded on need basis for low-end price cargoes, meanwhile inventory pressure among producers and traders are minimal.