07/09/2026
Polyolefins Weekly Market Update | Aug 31 – Sep 6, 2026
China’s polyolefin market strengthened last week, supported by higher crude oil and feedstock costs, relatively tight spot supply, and improving seasonal restocking demand.
For PE, domestic prices rose strongly, especially for LDPE and LLDPE film grades. In North China, LDPE film traded around RMB 11,600–12,100/MT, while LLDPE film reached RMB 8,900–9,400/MT, up RMB 500–700/MT week on week. HDPE film also moved higher to around RMB 8,800–9,600/MT.
Import PE prices also strengthened. LLDPE CFR China moved to approximately USD 1,050–1,130/MT, while LDPE CFR China rose to around USD 1,280–1,330/MT. Tight arrivals, higher energy costs and low inventories continued to support the market, although downstream converters became increasingly cautious at higher price levels.
PP followed the same direction. China domestic PP prices strengthened, while overseas offers became firmer. Chinese suppliers were heard offering PP Homopolymer at around USD 1,150–1,200/MT FOB China and PP Copolymer at USD 1,180–1,280/MT FOB China. In Southeast Asia, PP raffia assessments increased to around USD 1,180–1,220/MT CFR, while impact copolymer moved to around USD 1,220–1,270/MT CFR.
What to watch next
The short-term market still has support from high energy costs, relatively tight supply and pre-holiday / peak-season restocking, but downstream processors are resisting higher resin prices as margins become compressed. This means the market may remain firm but volatile rather than rising continuously.
At QL POLYMER, we closely track upstream petrochemical production, domestic spot markets and export opportunities to help customers select the right PP / HDPE / LDPE / LLDPE grades and improve purchasing timing.
If you are planning September or October procurement, contact us for current availability, equivalent-grade recommendations and updated FOB / CFR / CIF offers.
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