BOPP demand is unsupported, continuing the consolidation trend
Recently, the trend of PP futures trading is mostly lingering, and the spot market price amplitude has been adjusted slightly. Although there are adjustments in petrochemicals, the main ble trend is not big. PP has increased the production rate, and other downstream demand has been weak, and BOPP raw materials have increased.
The price of BOPP is mostly maintained at RMB 1,0800-11,000 per ton, and the actual transaction status is not good. According to some companies’ understanding at the beginning of the week, some companies did not have new orders. Although most companies have new orders, the transaction volume is small, mostly around 200-500 tons. The downstream orders are not good, and the overall demand is small. Enterprises are under greater pressure.
The downstream tape industry started a downward trend this week, as the upstream raw material butyl acrylate slightly adjusted back due to the price of n-butanol, and there was no favorable support for BOPP. Cost support was weak, tape mother rolls were weakly falling, and demand for new orders was weak. The price intention is not high.
客服1