China's PE maintenance production loss up 6.57% MoM

A number of domestic PE units are currently shut down for maintenance, keeping the monthly maintenance-induced production loss persistently high. Coupled with low social inventories and the possibility of delayed arrivals of imported cargoes, the overall domestic supply pressure of PE will remain limited.

As of August 18, the maintenance-related production loss of polyethylene (PE) totaled 665,000 tonnes, representing a 6.57% month-on-month increase, according to data from OilChem. China's PE Maintenance-related Production Loss, 2024-2026 (Unit: '000 tonnes) Source: OilChem During August 7-13, PE production PE production stood at 637,500 tonnes, down by 4.02% week-on-week. The drop