SunSirs: Rise and Fall, the Average Price of China BOPP Remains Stable This Week
April 19 2024 11:01:16 SunSirs (Selena)
According to the Commodity Market Analysis System of SunSirs, the BOPP market prices have remained stable this week. As of April 18th, domestic producers and traders μ The mainstream quoted price for m's BOPP film is around 9,633.33 RMB/ton, which is consistent with last week's average price and an increase of about 0.26% compared to 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 domestic producers and traders T30S (wire drawing) is around 7,807.14 RMB/ton, which is the same as last week's (7,807.14 RMB/ton) price, and has increased by 0.55% compared to the beginning of this month (7,742.86 RMB/ton). The price of raw material PP runs steadily, and the cost support of raw materials for BOPP is stable.
Supply: The operating load rate of membrane enterprises is stable, the supply side is sufficient, and the inventory pressure of membrane enterprises is still in place.
In terms of demand: Downstream enterprises mainly replenish small quantities, resulting in weak transactions, low purchasing intentions, and weak trading. Market demand provides stable price support
The overall fluctuation and consolidation of upstream raw material prices, with stable support from the cost side for the market, and weak transactions due to the purchasing willingness of downstream demand enterprises to replenish essential goods. It is expected that BOPP prices will experience a narrow range of fluctuations and decline in the near future.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2024-04-26 SunSirs: Cost Boost, China BOPP Film Falls and Rises in April
- 2024-04-16 SunSirs: China BOPP Rises in a Narrow Range
- 2024-04-08 SunSirs: Increased Inventory Pressure, China BOPP Experienced a Narrow Range of Downward Fluctuations Last Week
- 2024-03-27 SunSirs: Cost Support for Crude Oil and PP, China BOPP Fluctuates strongly at High Levels and Consolidates
- 2024-03-20 SunSirs: China BOPP Prices Continue to Decline slowly
