Price trend

According to the Commodity Market Analysis System of Business Society, the BOPP market prices have slowly declined this week. As of March 8th, domestic producers and traders have reached 18 μ The mainstream quoted price of m’s BOPP film is around 9599 yuan/ton, a decrease of about 0.3% from last week’s average price, an increase of about 0.3% from the average price before the Spring Festival, an increase of about 0.3% from the average price at the beginning of the month, and an increase of about 0.3% from the same period in January.

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 month. The mainstream quoted price of domestic manufacturers and traders T30S (wire drawing) is around 7707 yuan/ton, a decrease of about 0.2% compared to last week. Weak support for BOPP prices on the cost side

Supply side: There is still some inventory that has not been consumed before the holiday, and inventory is abundant

In terms of demand: Downstream enterprises have weak demand, weak trading volume, reduced order quantity, and weak market demand for price support

Future Market Forecast

It is expected that BOPP prices will slowly decline.