Price trend

According to the Commodity Market Analysis System of Shengyishe, the CPP market prices have been weak and stable this week. As of May 9th, domestic producers and traders have reached 25% μ The mainstream quoted price for m’s CPP film is around 10133.33 yuan/ton, a decrease of about 0.16% from last week’s average price and about 0.16% from the beginning of the month.

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 fallen this week. The mainstream quoted price of T30S (wire drawing) by domestic producers and traders is around 7821.43 yuan/ton, a decrease of 0.27% compared to last week (7842.86 yuan/ton), and a decrease of 0.27% compared to the beginning of this month (7842.86 yuan/ton). The price of raw material PP is weak and there is insufficient support on the cost side.

In terms of supply: the membrane enterprise has sufficient inventory and still has surplus. The pressure on the supply side is still in place.

In terms of demand: Enterprise replenishment operations are mainly based on demand, terminal inquiries are cautious, and there is no significant improvement in the trading atmosphere on the market.

Future Market Forecast

The market demand is weak, and the release of inventory is limited. Although prices have weakened, there is not much room for film companies to make concessions. It is expected that CPP film prices may experience weak fluctuations in the near future.