China Morning Express: 03 November 2017

Future PP Contract 1801 closed at CNY8927/t ($1153/t exc VAT), +CNY162/t ($24/t)
Future LL Contract 1801 closed at CNY9725/t ($1256/t exc VAT), +CNY150/t ($23/t)

PP spot market in East China at CNY8750-9000/t ($‎1130-1162/t exc VAT), CNY50-100/ton ($8-15/ton) increased as compared to yesterday.

LL spot market in North China at CNY9600-9700/t ($‎1239-1252/t exc VAT), CNY100/ton ($15/ton) increased as compared to yesterday.

Firmer future market sentiment in the morning is supporting buying appetite in domestic market in China, whereby buyers are actively requesting for offers, meanwhile sellers are holding firm stance on their offers, with expectation of higher offer level next Monday.