{"id":8354,"date":"2023-12-05T11:48:12","date_gmt":"2023-12-05T03:48:12","guid":{"rendered":"https:\/\/orientfutures.sbwd.website\/?p=8354"},"modified":"2026-02-03T16:01:16","modified_gmt":"2026-02-03T08:01:16","slug":"china-linear-low-density-polyethylene-lldpe","status":"publish","type":"post","link":"https:\/\/of.sbwd.website\/zh\/glossary\/china-linear-low-density-polyethylene-lldpe\/","title":{"rendered":"China\u2019s Linear Low Density Polyethylene LLDPE Market"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8354\" class=\"elementor elementor-8354\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2d1b822d e-flex e-con-boxed e-con e-parent\" data-id=\"2d1b822d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-16988760 elementor-widget elementor-widget-text-editor\" data-id=\"16988760\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>According to Zion Market Research, the global linear low density polyethylene market size is is predicted to grow to around USD 112.21 billion by 2030. However, the Chinese LLDPE market is facing challenges that are changing its landscape in 2023.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1dd0837 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"1dd0837\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is Linear Low Density Polyethylene (LLDPE)?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-67baf75 elementor-widget elementor-widget-text-editor\" data-id=\"67baf75\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>LLDPE is most prominently used in plastic bag production. The linear low density polyethylene properties offer flexibility and durability, making it ideal for everyday packaging needs. This makes it the preferred linear low density polyethylene uses in the industry for its cost-effectiveness and eco-friendliness.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8c6201 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"d8c6201\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Struggles of China\u2019s Linear Low Density Polyethylene LLDPE Market\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a97a12 elementor-widget elementor-widget-image\" data-id=\"9a97a12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"475\" height=\"360\" src=\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-1.png\" class=\"attachment-full size-full wp-image-8359\" alt=\"Breakdown of World Consumption of LLDPE in 2022 by S&amp;P Global\" srcset=\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-1.png 475w, https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-1-300x227.png 300w, https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-1-16x12.png 16w\" sizes=\"(max-width: 475px) 100vw, 475px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb714ea elementor-widget elementor-widget-text-editor\" data-id=\"cb714ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p><strong><a href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/ci\/products\/linear-low-density-polyethylene-chemical-economics-handbook.html#:~:text=Mainland%20China%20will%20continue%20to,third%20of%20its%20domestic%20demand.\" target=\"_blank\" rel=\"noopener\">Figure 1. Breakdown of World Consumption of LLDPE in 2022 by S&amp;P Global<\/a><\/strong><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81fe286 elementor-widget elementor-widget-text-editor\" data-id=\"81fe286\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>According to S&amp;P Global, China was the world&#8217;s largest consumer of LLDPE in 2022. However, due to the weak performance of China&#8217;s economy in the first half of 2023<a href=\"https:\/\/www.icis.com\/asian-chemical-connections\/2023\/07\/china-imports-220-more-lldpe-from-the-us-as-naphtha-based-players-lose-market-share\/#:~:text=It%20is%20also%20worth%20also,an%2011%25%20increase%20in%202022.\" target=\"_blank\" rel=\"noopener\">, Independent Commodity Intelligence Services (ICIS)<\/a>\u00a0predicts that LLDPE demand growth in China for 2023 could decline by 2% compared to last year.<\/p>\n<p>The decrease in demand can be attributed to the declining Chinese property market. <a href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2023-03-25\/china-s-mysteriously-resilient-real-estate-prices-new-economy-saturday\" target=\"_blank\" rel=\"noopener\">Bloomberg <\/a>reported a 290 billion yuan decline in income from land sales in China last year, and this decline continued into the first two months of 2023.<\/p>\n<p>The fall in home and land prices is having a major impact on demand for the chemicals and polymers used in construction in China, leading to a dip in local production of LLDPE in the Chinese linear low-density polyethylene market.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c02dfe4 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"c02dfe4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">QFI China and Internationalized Products\n<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-525902d elementor-widget elementor-widget-image\" data-id=\"525902d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"752\" height=\"423\" src=\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-2.png\" class=\"attachment-full size-full wp-image-8360\" alt=\"China\u2019s Import of LLDP from Various Countries from ICIS\" srcset=\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-2.png 752w, https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-2-300x169.png 300w, https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-2-18x10.png 18w\" sizes=\"(max-width: 752px) 100vw, 752px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f6659e elementor-widget elementor-widget-text-editor\" data-id=\"1f6659e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p><strong>Figure 2. China\u2019s Import of LLDP from Various Countries from ICIS<\/strong><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20527ca elementor-widget elementor-widget-text-editor\" data-id=\"20527ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>Despite the decrease in demand within China, there has been a notable increase in China&#8217;s imports of LLDPE this year, particularly from the US. ICIS reported that imports from the US to China have surged by a remarkable 220%, making it the most substantial increase in imports among China&#8217;s top ten trading partners.<\/p>\n<p>Several factors contribute to this surge in imports. Firstly, the US benefits from a strong cost position, which makes its LLDPE competitive in the global market. Secondly, logistical constraints that previously limited US Polyethylene (PE) exports in 2022 have eased, facilitating increased exports to China. Lastly, the expansion of LLDPE capacity in the US has further bolstered its ability to meet China&#8217;s demand for LLDPE.<\/p>\n<p>The recent implementation of stimulus measures in China to support the real estate market has created some uncertainty regarding the potential increase in domestic demand for LLDPE in China.<\/p>\n<p>While the impact of these measures on domestic demand remains to be seen, S&amp;P Global&#8217;s predictions indicate that China will maintain its position as the world&#8217;s largest producer of LLDPE in 2027. However, despite its significant production capacity, China is expected to continue importing a substantial portion of its domestic demand for LLDPE.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-84166ac elementor-widget elementor-widget-image\" data-id=\"84166ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"960\" height=\"540\" src=\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-3.jpg\" class=\"attachment-full size-full wp-image-8363\" alt=\"A globe representing Earth being held inside a single, white plastic shopping bag, surrounded by crumpled plastic waste.\" srcset=\"https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-3.jpg 960w, https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-3-300x169.jpg 300w, https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-3-768x432.jpg 768w, https:\/\/of.sbwd.website\/wp-content\/uploads\/2023\/12\/OF-chinas-linear-low-density-polyethylene-lldpe-market-image-3-18x10.jpg 18w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59fe101 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"59fe101\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">LLDPE Futures and Options from Dalian Commodity Exchange\n<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cd063f elementor-widget elementor-widget-text-editor\" data-id=\"9cd063f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>Dalian Commodity Exchange offers a total of 21 futures, including internationalized futures such as Dalian Commodity Exchange Soybean Futures, iron ore futures, and more.<\/p>\n<p>Dalian Commodity exchange (DCE) also offer LLDPE futures in the form of both futures and options for traders through either the QFI China Scheme or China\u2019s Internationalized Products. International Traders would need to go through an Overseas Intermediary like Orient Futures International Singapore to trade Dalian LLDPE futures and options. Click to find out more on\u00a0<a href=\"\/zh\/financial-glossary-linear-low-density-polyethylene-futures-lldpe\/\">DCE trading hours <\/a>\u4e0e\u00a0<a href=\"https:\/\/www.investing.com\/commodities\/lldpe-futures\" target=\"_blank\" rel=\"noopener\">latest real time LLDPE Futures Prices<\/a>.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4817df0 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"4817df0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u4e1c\u8bc1\u671f\u8d27\u56fd\u9645\uff08\u65b0\u52a0\u5761\uff09\u7b80\u4ecb \n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09b3a04 elementor-widget elementor-widget-text-editor\" data-id=\"09b3a04\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>\u6211\u4eec\u662f\u00a0<a href=\"https:\/\/of.sbwd.website\/zh\/post-detail\/China-Futures\/\">\u4e0a\u6d77\u4e1c\u8bc1\u671f\u8d27\u6709\u9650\u516c\u53f8\u7684\u76f4\u5c5e\u5168\u8d44\u5b50\u516c\u53f8\uff0c<\/a>\u00a0\u4e5f\u662f\u4e1c\u65b9\u8bc1\u5238\u80a1\u4efd\u6709\u9650\u516c\u53f8\u7684\u95f4\u63a5\u63a7\u80a1\u5b50\u516c\u53f8\u3002<\/p>\n<p>\u4f5c\u4e3a\u6301\u6709\u65b0\u52a0\u5761\u91d1\u878d\u7ba1\u7406\u5c40\uff08MAS\uff09\u9881\u53d1\u7684\u300a\u8d44\u672c\u5e02\u573a\u670d\u52a1\u8bb8\u53ef\u8bc1\u300b\u7684\u673a\u6784\uff0c\u00a0<a href=\"https:\/\/of.sbwd.website\/zh\/post-detail\/5-Things-To-Know-About-Singapore-Exchange\/\">\u6211\u4eec\u4e5f\u662f\u65b0\u4ea4\u6240\u3001<\/a>\u00a0<a href=\"https:\/\/of.sbwd.website\/zh\/post-detail\/apex-membership-20191218\/\">\u65b0\u52a0\u5761\u4e9a\u592a\u4ea4\u6613\u6240\uff08APEX\uff09<\/a>,\u00a0<a href=\"https:\/\/of.sbwd.website\/zh\/ice-singapore-clearing-membership\/\">\u6d32\u9645\uff08\u65b0\u52a0\u5761\uff09\u4ea4\u6613\u6240\u7684\u4f1a\u5458\u3002<\/a>\u00a0\u81ea2023\u5e748\u6708\uff0c\u4f01\u4e1a\u5ba2\u6237\u53ef\u901a\u8fc7\u4e1c\u8bc1\u671f\u8d27\u65b0\u52a0\u5761\u00a0<a href=\"https:\/\/of.sbwd.website\/zh\/post-detail\/4-Things-To-Know-About-B3-Exchange\/\">\u8fdb\u5165\u5df4\u897f\u4ea4\u6613\u6240\uff0c<\/a>\u00a0\u4eab\u65e0\u9650\u673a\u9047\u3002<\/p>\n<p>\u6211\u53f8\u63d0\u4f9b\u00a0<a href=\"https:\/\/of.sbwd.website\/zh\/why-orient-futures-singapore\/\">\u5168\u65b9\u4f4d\u8d44\u672c\u5e02\u573a\u670d\u52a1\uff0c<\/a>\u6db5\u76d6\u8bc1\u5238\u3001\u00a0<a href=\"https:\/\/of.sbwd.website\/zh\/contact\/\">\u573a\u5185\u884d\u751f\u54c1\u3001<\/a>\u00a0\u53ca\u6760\u6746\u5916\u6c47\u7b49\u591a\u7c7b\u4ea7\u54c1\u3002<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>According to Zion Market Research, the global linear low density polyethylene market size is is predicted to grow to around USD 112.21 billion by 2030. However, the Chinese LLDPE market is facing challenges that are changing its landscape in 2023.<\/p>","protected":false},"author":3,"featured_media":8357,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"enabled","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","_links_to":"","_links_to_target":""},"categories":[35],"tags":[],"post_language":[],"class_list":["post-8354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-glossary"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v27.2) - 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