POE Import And Export Trends: September Import Phase Adjustment, First Three Quarters Export Stability

I. Core Performance of POE Imports in September 2025

In September 2025, China's POE (Polyolefin Elastomer) import volume showed a "slight year-on-year increase but a contraction compared to the previous year" trend, with the monthly import volume reaching 53,500 tons. From a year-on-year perspective, there was an increase of 800 tons compared to the same period last year, achieving a 1.52% year-on-year growth. From a month-on-month perspective compared to the previous year, it decreased by 7,700 tons compared to September of the previous year, with a month-on-month decline of 12.58%, indicating a contraction in import volume compared to the same period last year.

From the perspective of import countries, the cumulative data comparison between January-September 2025 and January-September 2024 shows significant differentiation in import volumes from different source countries. Thailand, as an important source country, saw its import volume reach 116,800 tons from January to September 2025, an increase from 109,200 tons in the same period of 2024, demonstrating strong growth resilience and providing positive support for import scale. South Korea, as a traditional core source country, had an import volume of 225,700 tons from January to September 2025, slightly down from 233,200 tons in the same period of 2024, but still maintaining a high import volume, providing a fundamental guarantee for overall imports.

In contrast, the import volumes of Singapore, Spain, the United States, and Saudi Arabia from January to September 2025 have all decreased compared to the same period in 2024. Singapore's imports fell from 96,700 tons to 66,200 tons, Spain's from 105,900 tons to 81,300 tons, the United States' from 78,200 tons to 48,300 tons, and Saudi Arabia's from 20,700 tons to 17,700 tons. The contraction in import volumes from these countries has created a certain degree of offset to the overall import scale.

It is worth noting that the year-on-year increase in POE import volume in September should be viewed objectively in conjunction with historical data. From a monthly performance perspective, this year-on-year positive growth is not a norm under long-term trends, but rather reflects an adjustment in the phase of import rhythm.

II. Core Performance of POE Exports from January to September 2025

In terms of exports, from January to September 2025, China's POE export market maintained stable operations, with both export volume and prices showing a positive trend. From the perspective of total exports, the cumulative export volume reached 21,600 tons from January to September 2025, laying a solid foundation for achieving the annual export target. Regarding the concentration of export destinations, Vietnam, Indonesia, and India became the top three export countries. The demand in these three markets is stable, collectively forming the core demand source for POE exports in the first three quarters of 2025, supporting the steady operation of export volumes.

From the price perspective, the average export price of POE reached 12,059 yuan/ton, and the relatively stable price level provides important support for the profitability stability of export trade, avoiding the impact of significant price fluctuations on the profits of export enterprises.

Based on the analysis of cumulative export trends, considering the demand changes and order reserves in the current core export markets (Vietnam, Indonesia, India), the POE export market still has the foundation for stable operation. The export scale is expected to remain steady at the current level, and if the demand in core markets is further released, there may be room for a slight increase in export scale.