A trader offering both domestic and imported PP and PE stated, “CNPC and Sinopec have limited stock levels for now, but they will have more availability when they return from the holidays. Nevertheless, we believe that demand for local cargoes will be strong after the holidays as buyers will elect to source locally to minimize waiting time and take advantage of more attractive prices payable in the local currency. We do not expect to see any real increase in demand until after the month of February.”