Price trend
| Chitosan oligosaccharide |
According to the price monitoring of Business Society, the BOPP market fell first and then rose this month. As of May 30th, the price of 18 μ BOPP film was around 9816.67 yuan/ton, an increase of about 1.9% compared to the beginning of the month. The highest point of the price appeared at the end of this month, at 9816.67 yuan/ton, and the lowest point appeared at the beginning of the month, at a price of about 9633.33 yuan/ton.
quotations analysis
From the above chart, it can be seen that the price of raw material PP has fluctuated and increased this month. The mainstream quoted price of T30S (wire drawing) by domestic producers and traders is around 7964.29 yuan/ton, which is about 1.55% higher than the price level at the beginning of the month (7842.86 yuan/ton). The highest point of the price appeared in the latter half of the year, at 7964.29 yuan/ton, and the lowest point appeared in the middle of the first half, at a price of about 7712.50 yuan/ton. The cost side fluctuates and rises, while crude oil prices fluctuate, providing strong support for BOPP prices.
In terms of supply: After the holiday, the maintenance equipment has been gradually restarted, and the supply is gradually increasing, with sufficient supply on the supply side.
| povidone Iodine |
In terms of demand: fluctuations in crude oil prices, downstream products stocking up ahead of price increases, increased willingness to purchase, improved trading atmosphere, and stronger support on the demand side.
Future Market Forecast
The cost side of BOPP fluctuates and rises, and the market trading atmosphere improves. Then, overall demand is weak, and it is expected that BOPP prices will rise slightly in the near future.
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