On December 29, the dynamic situation of the PE unit at Maoming Petrochemical was reported. The 1#LDPE unit produced 951-050; the 2#LDPE unit underwent major maintenance from November 26 and is scheduled to resume operations on January 1, 2026; the full density unit produced 7042; the HDPE unit underwent major maintenance from November 24 and is planned to resume production on January 31, 2026. The price for the LLDPE (South China Branch) at Maoming Petrochemical was quoted at 8700 yuan/ton, down 150 yuan/ton. PriceSeek analyzed the HDPE, with a rating of +1: "The HDPE unit has been undergoing maintenance since November 24, with plans to resume production on January 31, 2026. This results in a decrease in supply, which is expected to lead to tighter supply in the spot market and pressure for price increases. However, due to the event directly reducing short-term supply, the market may already have some expectations, making the positive impact moderate." For the LLDPE, a rating of 0: "The full density unit is currently producing 7042 (LLDPE product), without any maintenance or price changes, maintaining stable supply, and having a neutral impact on spot prices." Due to the current dynamic not bringing about significant changes in supply or demand, the market supply and demand balance remains unchanged. For the LDPE, a rating of -1.5: "The price for LDPE is quoted at 8700 yuan/ton, down 150 yuan/ton, reflecting an oversupply or weak demand; simultaneously, the 2#LDPE unit is undergoing maintenance but is scheduled to resume soon, possibly exacerbating the short-term expectation of excess supply." This is considered a general bearish factor (-1.5) because the significant drop in price and the potential increase in supply due to the resumption of maintenance are likely to significantly pressurize spot prices.