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Market sources reported that an Indian producer has down adjusted their homo-PP offers to China today by $10/ton compared to earlier this month, reaching $960/ton, CFR China, LC 30 days term for October shipment.

A trader informed, “We have purchased some cargoes at this price level. Buyers are generally pressuring import market to conclude deals at last week's prices despite firmer upstream costs and local ground. For this, we think that market might sustain the stable to firm trend in the near term.Import homo-PP yarn supply is still pretty tight."