In November 2025, domestic LLDPE imports amounted to 284,100 tons, marking a year-on-year increase of 7.21% and a month-on-month growth of 14.82%. PriceSeek analyzes LLDPE, giving it a negative rating: -1. The significant increase in imports indicates a supply surge that could exert downward pressure on spot prices. Combining with the recent rise in the main futures contract for polyethylene (such as 2605), which has seen high trading volumes despite its recent gains, the increased imports might suppress the price increases in the futures market, presenting overall bearish signals. For HDPE, the score is -0.5. As an analogous commodity to LLDPE, the increase in LLDPE imports reflects a general surplus in supply, potentially indirectly dragging down the spot prices of HDPE. Futures data for polyethylene (e.g., the contract 2605 up by 79%) shows the market being relatively strong, but supply pressure might introduce slight bearish implications. For LLDPE, the score is also -0.5. LLDPE and LLDPE belong to the same category of polyethylene, and the increase in imports suggests an expansion in supply, potentially having a negative impact on spot prices. Futures data for polyethylene (e.g., high open interest in the contract 2605) has recently shown positive performance, but changes in supply and demand might induce minor downward risks.
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