Cost support, downstream resumption of work, slight increase in BOPP prices in February

Price trend

 

According to the price monitoring of the Business Society, as of February 29th and 18th, the BOPP market and above are the main players for this month μ The price of BOPP film is around 9631 yuan/ton, an increase of about 0.68% compared to the beginning of the month. The highest point of the price appeared in the second half of the month at 9631 yuan/ton, and the lowest point appeared in the first half of the month, with a price of about 9566 yuan/ton.

 

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 7650 yuan/ton, an increase of about 0.43% compared to the beginning of the month. The highest point of the price appeared on February 19th, at 7690 yuan/ton, and the lowest point appeared in the middle of the month, with a price of about 7593 yuan/ton. The cost side has strong support for BOPP prices

 

In terms of demand: With downstream membrane companies starting construction after the holiday, market demand has increased, and the number of orders has increased. A small number of enterprises just need to replenish goods, and market demand has a strong support for prices

 

Future Market Forecast

It is expected that BOPP prices will continue to rise slightly in the near future.

http://www.polyvinylalcohols.com