Group 1: Report Industry Investment Rating - No relevant information provided Group 2: Core View of the Report - Polyolefin futures rebounded slightly. Spot prices of linear LL and拉丝PP remained stable. Fundamentally, polyolefins follow the crude oil trend. The overall operating rate of the downstream demand side is at a high level, and demand is steadily released. Currently, the supply - demand pressure of polyolefins is temporarily limited. After a short - term rebound in the market, it may start to fluctuate in the future [2] Group 3: Summary According to Related Catalogs Futures Market - **Prices and Changes**: For LL, the previous day's closing prices for January, May, and September contracts were 7009, 7075, and 7105 respectively, with increases of 24, 13, and 4, and percentage increases of 0.34%, 0.18%, and 0.06%. For PP, the previous day's closing prices for January, May, and September contracts were 6685, 6765, and 6762 respectively, with increases of 28, 31, and 25, and percentage increases of 0.42%, 0.46%, and 0.37% [2] - **Trading Volume and Open Interest**: The trading volumes of LL for January, May, and September contracts were 212938, 21224, and 643 respectively, and the open interests were 512269, 66284, and 1678 respectively, with changes of - 7218, - 322, and 309. For PP, the trading volumes for January, May, and September contracts were 201901, 20539, and 557 respectively, and the open interests were 612658, 133945, and 7119 respectively, with changes of 1313, - 468, and 280 [2] - **Spreads**: For LL, the current spreads of January - May, May - September, and September - January are - 66, - 30, and 96 respectively, compared to previous values of - 77, - 39, and 116. For PP, the current spreads of January - May, May - September, and September - January are - 80, 3, and 77 respectively, compared to previous values of - 77, - 3, and 80 [2] Raw Materials and Spot Market - **Raw Materials**: The current prices of methanol futures, Shandong propylene, South China propane, PP recycled materials, North China powder materials, and mulch film are 2261 yuan/ton, 5985 yuan/ton, 543 dollars/ton, 5600 yuan/ton, 6450 yuan/ton, and 8700 yuan/ton respectively, compared to previous values of 2245 yuan/ton, 6010 yuan/ton, 534 dollars/ton, 5600 yuan/ton, 6480 yuan/ton, and 8700 yuan/ton [2] - **Mid - stream**: In the mid - stream, the current price ranges of LL in the East China, North China, and South China markets are 7000 - 7500 yuan/ton, 6900 - 7150 yuan/ton, and 7200 - 7500 yuan/ton respectively. For PP, the current price ranges in the East China, North China, and South China markets are 6550 - 6650 yuan/ton, 6450 - 6550 yuan/ton, and 6500 - 6650 yuan/ton respectively [2] News - On Wednesday (October 29), the settlement price of West Texas Intermediate crude oil futures for December 2025 on the New York Mercantile Exchange was $60.48 per barrel, up $0.33 or 0.55% from the previous trading day, with a trading range of $59.70 - $61.02. The settlement price of Brent crude oil futures for December 2025 on the London Intercontinental Exchange was $64.92 per barrel, up $0.52 or 0.81% from the previous trading day, with a trading range of $63.92 - $65.37 [2]