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BOPP price continues to fall for one and a half months, there is still room for downward adjustment

 Last Update: 2021-12-27
 Source: Internet
 Author: User

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Since October 14, the biaxially oriented polypropylene film (BOPP) has been falling continuously for one and a half months

Limited cost support

Polypropylene (PP), the main raw material of BOPP, is unlikely to rebound in the near future

"The main influencing factors of the current raw material PP market still come from the fundamentals

In addition, the drop in crude oil prices also suppressed the PP market on the cost side

Loose market supply

With the gradual recovery of BOPP companies that had previously reduced their burdens, and the addition of the Shangyu Kaicheng production line, it is expected that the BOPP market supply will be loose in December

According to Zhou Wei, last week, the BOPP industry operating rate was 61.

　　"Last week, the average finished product inventory of BOPP manufacturers increased by 0.

　　Limited downstream procurement

　　BOPP several important purchasing group for the Adhesive Tape, traders, bag making and printing houses

　　“Recently, the price of terminal tape master rolls has continued to fall

　　"Before the Spring Festival holiday, according to the usual practice of suspension of delivery in the first half of the annual holiday, there is only one and a half months left for market transactions.

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