SunSirs: China PE Production Fell 4.19% Weekly
April 08 2026 09:33:34 SunSirs (Selena)
On April 8th, SunSirs reported that the production of PE in this cycle (March 27th to April 2nd) was 605,800 tons, a decrease of 4.19% compared to last week.
PE production fell by 4.19%, and the decrease in supply is favorable for spot prices, which may lead to an increase in LLDPE spot prices. Combined with the recent closing price of the main PE futures contract (such as 2605) at 9,389 RMB/ton, with a rise or fall of 585 RMB/ton, the trading volume has increased and the position has risen, indicating strong sentiment in the market and strengthening the upward trend of futures prices.
The 4.19% decrease in production reflects a tight supply, which provides favorable support for LDPE spot prices. PE futures data (such as the closing price of contract 2606 at 9,369 RMB/ton, up or down 575 RMB/ton) shows a strong upward trend, and the increase in holdings indicates positive investor expectations, which will drive futures prices further higher.
The reduction in supply is favorable for the HDPE spot market and may push up prices. PE futures contracts (such as the closing price of 9,088 RMB/ton at 2609, up or down 528 RMB/ton) have shown strong performance, with increased holdings and trading volume reflecting bullish momentum. Futures prices continue to rise supported by fundamentals.
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