This week crude oil mainly has been shaking, and the early month manufacturers take accident to raise the factory price of PP, which bring positive news to the market, and driven by cost, the film market stop to drop and rebound, see a wave of new situation; but on Thursday crude oil sharply fell, which prevent the rise of PP factory price, but is not obvious for the afternoon market. The business mentality mainly is seeing and waiting, purchase following the need, and the business deal with the previous orders. In a short term film price is more stable less moving, for long term to wait and see the materials.
Price: This week film factories overall trend rebound by small range, between ￥100-￥200/ton around.
