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Home > News > ChemPriceHub Alert: Zhenhai Refining & Chemical switches PE production to LLDPE,...

ChemPriceHub Alert: Zhenhai Refining & Chemical switches PE production to LLDPE, price up by 50 yuan.

Published on 2026-01-07

On January 7, the operational status of Zhenhai Refining & Chemical's PE units: the all-density unit switched production to R546U; the 2PE unit switched production to 580UV; and the 3PE unit produced 2911. Zhenhai Refining & Chemical (East China) reported LLDPE 7042 at 6,550 yuan/ton, up 50 yuan/ton. PriceSeek analysis of LLDPE: Bull-Bear Score: 1. The article indicates that Zhenhai Refining & Chemical's LLDPE 7042 price increased by 50 yuan/ton to 6,550 yuan/ton, suggesting increased spot market demand or tightening supply, which is favorable for spot prices. Although the increase is not significant, it reflects a short-term upward trend. HDPE, Bull-Bear Score: 0. The unit switched production to grade 2911, but no price change information was mentioned. The supply adjustment may be absorbed by market equilibrium, with a neutral impact on spot prices currently, showing no clear bullish or bearish signals. LDPE, Bull-Bear Score: 0. The unit switched production to grade 580UV, lacking supporting price data. The supply change was not reported as a significant event, and the spot market remains stable, rated as a neutral impact.

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