According to the Commodity Market Analysis System of SunSirs, the BOPP market price fluctuated and increased this week. As of March 20th, the mainstream quoted price for 18 μm BOPP film from domestic producers and traders is around 9,633 RMB/ton, an increase of about 0.7% from last week's average price and basically unchanged from the average price at the beginning of the month.

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 7,746 RMB/ton, an increase of about 0.4% compared to last week.

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

The crude oil market is rising, and upstream has strong cost support for BOPP

Supply: the operating rate of membrane enterprises has basically recovered to the pre festival level, and the supply side is stable

In terms of demand: Downstream enterprises have reduced their demand for undelivered orders, and market demand has provided strong support for prices

It is expected that BOPP prices will continue to rise in the near future, driven by cost support.

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