China's Apr PE exports skyrocket by 484.12% YoY on available arbitrage

China's PE exports witnessed an explosive growth in April, thanks to the open of arbitrage window in line with a major global supply chain shock following the U.S.-Iran geopolitical conflict.

China's polyethylene (PE) exports surged to unprecedented levels in April 2026, as the disruption in the Middle East created a major global supply chain shock and a rare arbitrage window was seen. In April, China's PE exports stood at 545,100 tonnes, an explosive growth of 484.12% year-on-year and 168.90% month-on-month,