China PE plant turnaround schedule for Aug-Oct

Since June, China domestic PE market has been in a relatively weak trend. Although it saw a slight rebound last week supported by macroeconomic factors, the recovery was short-lived, with the market softening again as of this Monday. The downtrend was particularly noticeable in LLDPE and HDPE, while LDPE experienced only a modest decline, with both the magnitude and scope of the drop being smaller than others.

From the supply perspective, there were a significant number of new production capacities added in the first half of 2025, totaling 4.88 million tons per year. Therefore, the overall supply pressure is quite heavy. There are still many plants planned for startup in the second half of the year, and the primary remaining factor to alleviate supply pressure lies in maintenance shutdowns.

Currently, the number of units undergoing maintenance has gradually increased but remains above this year's lowest level. As of Aug 1, China's PE operating rate stands at 83.61%, showing a slight decline compared to earlier periods but still remaining at a relatively high level since July. The total maintenance capacity amounts to 4.47 million tons, though this includes many long-term idled units due to operational reasons. The specific maintenance units are as follows:

Subsequently, there are still some plants plan to shut for maintenance from August to October, and most of them will have relatively short maintenance durations. Based on the information currently available, CCFGroup has briefly estimated the maintenance capacity for August to October, totaling approximately 4.56 million tons. The current plan is roughly as follows:

There may be differences in the timing and duration of maintenance for individual plants, and there may be deviations between the maintenance schedule and actual circumstances. Please refer to the actual implementation for specific details, and CCFGroup will continue to provide updates on the maintenance schedule.