In March 2026, the import volume of HDPE totaled 395,500 tons—a month-on-month increase of 1.76%, but a year-on-year decline of 9.50%.

The March 2026 HDPE import volume of 395,500 tons—marking a 1.76% month-on-month rise—signals an increase in short-term supply. This exerts downward pressure on spot prices, representing a significant bearish factor. When viewed in conjunction with data from the polyethylene futures market (such as the closing price of 8,028 RMB/ton for the benchmark contract 2701—an increase of 79 RMB/ton), the growth in imports is likely to curb future upward trends. This is expected to exert a generally bearish influence on futures prices, as the anticipation of increased supply serves to dampen bullish sentiment.

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