Price trend

According to the Commodity Market Analysis System of Shengyishe, the BOPP market has seen a narrow upward trend in prices this week. As of April 11th, domestic producers and traders have reached 18 μ The mainstream quoted price for m’s BOPP film is around 9633.33 yuan/ton, an increase of about 0.52% 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 producers and traders is around 7814.29 yuan/ton, which is 0.92% higher than the beginning of this month (7742.86 yuan/ton).

The price of raw material PP has increased, and the cost support of raw materials for BOPP has been strengthened.

In terms of supply: the operating load rate of membrane enterprises has increased slightly. How to increase supply at the supply side and the inventory pressure of membrane enterprises have increased.

In terms of demand: Downstream enterprises mostly replenish essential goods, with less replenishment, low transaction volume, low purchasing intention, weak trading volume, and weak market demand for price support

Future Market Forecast

The overall price of upstream raw materials has fluctuated upwards, and the cost side has increased its support for the market. However, downstream demand enterprises have weak purchasing intentions and weak transactions. It is expected that BOPP prices will experience narrow fluctuations and consolidation in the near future.