Price trend

According to the Commodity Market Analysis System of Shengyishe, the CPP market prices have fluctuated downward this week. As of April 7th, 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 1.78% from last week’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 operation of raw materials is relatively strong. There is support for low prices on the cost side. Film companies have low interest rates and limited room for profit margins.

In terms of demand: Downstream enterprises have a strong desire to replenish their inventory due to their urgent needs. Weak demand.

Future Market Forecast

The bearish and bullish game predicts that the CPP price will mainly experience weak fluctuations in the near future.