During this period (January 30 to February 5), the maintenance loss of PE units was approximately 66,200 tons, a decrease of 7,200 tons compared to the previous week.
PriceSeek Analysis:
LLDPE – Bull-Bear Score: -1
The maintenance loss of PE units decreased by 7,200 tons to 66,200 tons this period, indicating an increase in polyethylene supply. With no significant change in demand, the supply pressure in the spot market has intensified, which may lead to downward pressure on LLDPE spot prices.
LDPE – Bull-Bear Score: -1
The reduction in maintenance losses reflects a looser supply side. As a branch of polyethylene, the increase in LDPE spot supply will exacerbate market expectations of oversupply, exerting a bearish impact on spot prices. Short-term prices are expected to face downward risks.
HDPE – Bull-Bear Score: -1
The decline in PE unit maintenance losses by 7,200 tons indicates an increase in HDPE supply. The supply-demand balance in the spot market has shifted toward a looser state, exerting downward pressure on prices. The increase in supply may limit the room for a rebound in spot prices.
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