Overall trend: Polyethylene will experience a fluctuating downward trend throughout 2025, with an accelerated bottoming out in December. The price centers of the three major

Macroeconomics 1. [Tariffs] The State Council Tariff Commission released the "2026 Tariff Adjustment Plan," which will be implemented from January 1, 2026.  According to the plan,

According to the monitoring of the commodity market analysis system of SunSirs, the average price of LLDPE (7042) was 6905 RMB/ton on December 1st, and

In November 2025, the total import of PE in China was 1.0622 million tons. The import volume of 1.0622 million tons has increased the supply of

Macroeconomics 1. [Economic Policy] China's central bank's fourth-quarter meeting: Continue to implement a moderately loose monetary policy and strengthen counter-cyclical and cross-cyclical adjustments. The meeting pointed

According to the monitoring of the commodity market analysis system of SunSirs, the average price of LLDPE (7042) was 6,645 RMB/ton on December 16th, and

Macroeconomics 1. [US Consumer Confidence Index] The US consumer confidence index in December further declined to 89.1 from a revised 92.9 in November, marking the fifth

Entering 2025, the polyethylene market continues to plumb the depths of supply-demand imbalance. Current mainstream prices are approaching the extreme lows seen during the initial

01 Price Cliff Over the past year, the LLDPE market has experienced a steep price decline. In January 2025, LLDPE prices remained near the high of

On December 18th, Shandong Wanhua Chemical reported LLDPE 7042 in the East China region at 6,700 RMB/ton, a decrease of 100 RMB/ton; LLDPE 7050 in

Macroeconomics 1. [Public Budget Revenue] According to data from the Ministry of Finance, from January to November, national general public budget revenue totaled 20,051.6 billion RMB,

In November, domestic LLDPE prices trended downward while production costs rose across manufacturers, pushing gross margins into losses. With increased supply pressure and further weakening

According to the monitoring of the commodity market analysis system of SunSirs, the average price of LLDPE (7042) was 6,781 RMB/ton on December 9th and

Macroeconomics 1. Fed Rate Cut: Early Thursday morning Beijing time, the Federal Reserve announced a 25 basis point rate cut as expected, lowering the target range

On December 10th, the PE unit of China China Yangzi Petrochemical showed that the 200,000 ton full density unit produced 7042, the 120,000 ton HDPE

According to the monitoring of the commodity market analysis system of SunSirs, the average price of LLDPE (7042) on December 1st was 6,905 RMB/ton, and

Macroeconomics 1. [Reverse Repurchase Agreement] The People's Bank of China (PBOC) announced a tender notice for outright reverse repurchase agreements in the open market. To maintain

Macroeconomics 1. [US ADP Employment Change] US ADP employment fell by 32,000 in November, the lowest level since March 2023, compared to a forecast of an

On December 3rd, the benchmark price of LLDPE in SunSirs was 6,918.33 RMB/ton, an increase of 0.68% compared to the beginning of this month (6,871.66