Price trend

According to the Commodity Market Analysis System of Business Society, the BOPP market price fluctuated and declined narrowly this week. As of April 6th, domestic producers and traders have reached 18 μ The mainstream quoted price of BOPP film for m is around 9583.33 yuan/ton, a decrease of about 0.26% from last week’s average price and about 0.26% from the beginning of the month’s average price.

quotations analysis

In terms of raw materials: From the above chart, it can be seen that the price of raw material PP has fluctuated and increased this month. The mainstream quoted price of T30S (wire drawing) by domestic manufacturers and traders is around 7785.71 yuan/ton, an increase of about 0.28% compared to last week. The price of raw material PP has slightly increased, and the cost support of raw materials for BOPP prices is still ongoing.

Supply: The operating load rate of membrane enterprises is still at a relatively high level, about 53%. The supply side is sufficient, and the inventory pressure of membrane enterprises increases.

In terms of demand: Downstream enterprises mostly replenish essential goods, with less replenishment and low transaction volume. They tend to remain wait-and-see, with weak trading volume and weak market demand for price support

Future Market Forecast

The overall stability of upstream raw material prices is relatively strong, and the cost side still provides support for the market. However, downstream demand enterprises are mostly just in need of replenishment, and transactions are weak. It is expected that BOPP prices will experience narrow fluctuations and consolidation in the near future.