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BOPP Film Market Trend in July
BOPP Film Market Summary in July
In July, the whole film market represents U shape trend, early and end of this month, the price rises slightly, in the middle of this month, price falls down a little. Early this month, because material price supports and replenishment demand, price rises with procurement temporarily. With aftermarket come into adjustment. It is hard to get effective price rising, inventory expend recycle become more longer after replenishment, with last two weeks, price will be at drop trend. At the end of this month, with new round replenishment demand, price keep stable with rising trend. Merchants wish price rising again, Mid Autumn Festival do not have any reply, where are the orders of Mid Autumn Festival At the serious situation of supply and demand, limited demand is hard to have a reply. After merchants replenishment at the end of this month, more choose continue wait and see, which is based on low inventory, the whole inventory pressure are still concentrated in factories.
BOPP Film Market Outlook in August
Early this month, Sinopec/CNPC enterprises price rising gives support to market cost. In short time, material price iterance rising power still exists, it is predicted that factory quotation follow to rise. But for long prospect, it is useless to hope terminal bring price rising, merchants replenishment at low price, high price wait and see psychology still obviously, and also to aftermarket. With material production capacity enlarge gradually, compete is also become more aggravate. Coating new factories testing material price is RMB8500/ton, which has a certain affections. With procurement volume recently, market replenishment need next round still at mid of this month, film price of early half of this month still maintain stable, which is the main point in the industry. This year, film price still rely on material price obviously. It is suggest that industry holder still focus on petrochemical enterprises selling policy, actual market supply and demand situation and polypropylene futures.