The Chinese PE market has navigated a profound structural shift over the past 12 months, characterized by a persistent downtrend in LLDPE prices that has prompted aggressive, yet largely reactionary, operational pivots from domestic producers.
The May 2026 PP and LLDPE futures contracts on the Dalian Commodity Exchange showed initial signs of recovery but weakened through the morning session. PP futures fell further below yesterday’s levels, while LLDPE remained confined to a weak price range.