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ChemPriceHub Important Reminder: Dynamic Update on Maoming Petrochemical's PE Plant - LDPE Price Increase
Published on 2026-01-06
On January 6, Maoming Petrochemical's PE unit status: No. 1 LDPE unit is shut down; No. 2 LDPE unit is producing 2426K; the full-density unit is producing M2720A; the HDPE unit began a major overhaul on November 24 and is scheduled to restart on January 31, 2026. Maoming Petrochemical LDPE (South China Branch) 2426H is quoted at 8,500 yuan/ton, up 100 yuan/ton. PriceSeek analysis: HDPE, Bull-Bear Score: 1. The HDPE unit has been under major overhaul since November 24, 2025, with a planned restart on January 31, 2026. The ongoing supply constraints support the upward movement of spot prices. The extended supply shortage due to the overhaul boosts market sentiment, and prices are expected to remain firm in the short term. LDPE, Bull-Bear Score: 1.5. The shutdown of the No. 1 LDPE unit has reduced supply, while the No. 2 unit is in operation but overall supply remains tight. LDPE prices have risen by 100 yuan/ton to 8,500 yuan/ton, indicating strong demand and a supply gap. The combination of supply disruptions and price increases significantly benefits the spot market and may drive further short-term price gains. LLDPE, Bull-Bear Score: 0. The full-density unit is operating normally, producing M2720A, with stable supply and no negative or positive news affecting the market. Supply and demand are balanced, and spot prices have not experienced significant fluctuations, resulting in a neutral impact on the current market trend.