Domestic producers raised PP and LLDPE prices in line with the stabilisation in futures, though buying interest remained limited. Sellers reported that many customers were still negotiating and reluctant to commit, reflecting cautious sentiment across the value chain.
China’s official manufacturing PMI rose slightly to 49.2 in November, up from 49.0 in October — but remained below the 50‑point expansion threshold, marking an eighth consecutive month of contraction.