According to the Commodity Market Analysis System of SunSirs, the BOPP market prices slowly declined last week. As of March 8th, the mainstream quoted price of 18 μm BOPP film of domestic producers and traders was around 9,599 RMB/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.

In terms of raw materials, the price of raw material PP has fluctuated and fallen this month. The mainstream quoted price of T30S (wire drawing) by domestic manufacturers and traders is around 7,707 RMB/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

It is expected that China BOPP prices will slowly decline.

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