China PE supply glut looms amid 6 mln t/y of new capacity to startup in H2

China's polyethylene (PE) market is set for a dramatic supply-side reversal in H2 2026, as nearly 6 million tonnes/year of new capacity will come online following a barren first half marked by geopolitically driven import shortages and heavy maintenance outages, and maintained units will restart.

China's polyethylene (PE) market is set for a dramatic supply-side reversal in the second half of 2026, as nearly 6 million tonnes/year of new capacity will come online following a barren first half marked by geopolitically driven import shortages and heavy maintenance outages, and H1-maintained units will restart intensively. The