BOPP Film Market Trend in October

BOPP Film Market Trend in October

BOPP Film Market Summary in October
This month price goes down sharply. Because film market price falls, market hangs becomes weaker, merchants procurement risk falls, more have replenishment. But the market price is shocked after holiday, inertia rising price do not coming. On the contract, crude oil goes  down sharply, which falls $80. It breaks new no profit in four years. PP material is influenced by factory and futures, first three weeks of this month goes down trend, range become more obviously than past months. Meanwhile, low price is the lowest point in this year. At the end of this month, bearish news become less, and film market stop fall to rise.

BOPP Film Market Outlook in November
Sinopec rises price early this month have a certain support. In the past practices, film market is the trend of weakness in November, but the material of this year also have a certain shrinkage, do not have much market stock, which is support to price. Because BOPP production line is at low operating rate in recent time, mainstream film factories orders delivery to in the early-to-mid this month. Downstream terminal has coming to the forth quarter,the whole demand volume will do not have big change. So, from short period, early half of this month, filmfactories pressure is just so-so. Long line receive orders pressure is still exists, mid of this month will havesome replenishment orders. Because stock delivery situation of this year is just so-so, meager profit of allparties, fast in fast out will be continued.