SunSirs: China PE Imports Decline in October 2025

China's PE imports in October 2025 totaled 1.0111 million tons, a decrease of 1.09% month-on-month and 16.24% year-on-year.

The article shows that PE imports in October 2025 decreased by 16.24% year-on-year and 1.09% month-on-month, a significant drop indicating reduced supply. This is expected to support spot prices, as reduced supply may push up demand-side prices. Combined with the latest data from the Dalian Commodity Exchange's main PE contract (e.g., 2605), the closing price was 6,763 RMB/ton and the settlement price was 6,771 RMB/ton. Although there was a short-term drop of 23 RMB/ton, the positive fundamentals may drive a rebound in futures prices. It is recommended to pay attention to the future upward trend.

The article shows that PE imports in October 2025 decreased by 16.24% year-on-year and 1.09% month-on-month, indicating an overall reduction in supply. This is beneficial to spot prices, as the decline in imports may exacerbate market shortages, supporting a rise in spot prices. According to the latest data from the Dalian Commodity Exchange's main PE contract (e.g., 2605), the closing price was 6,763 RMB/ton, the settlement price was 6,771 RMB/ton, and the open interest increased by 10,864 lots, indicating increased market participation. Positive fundamentals may drive futures prices to stabilize and rebound.

The article shows that PE imports in October 2025 decreased by 16.24% year-on-year and 1.09% month-on-month, indicating a significant reduction in supply. This is beneficial to spot prices, as reduced imports may exacerbate domestic supply and demand tensions, supporting spot prices. Based on the latest data from the Dalian Commodity Exchange's main PE contract (e.g., 2605), the settlement price was 6,771 RMB/ton, and the trading volume was 103,306 lots. Although there was a slight short-term decline, the fundamentals support the potential for a rebound in futures prices, and the upside potential is expected to increase.

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