Price trend

According to the Commodity Market Analysis System of Business Society, the BOPA market prices have been running steadily this week. As of May 28th, the mainstream quoted price for 15 μ m BOPA composite film by domestic manufacturers and traders is around 17366 yuan/ton, which is unchanged from last week’s average price and a 0.57% decrease from the average price at the beginning of the month.

quotations analysis

In terms of raw materials: From the above chart, it can be seen that the price of raw material PA6 has increased. The mainstream quoted price of PA6 by domestic producers and traders is around 14925.00 yuan/ton, which is 2.05% higher than the beginning of this month (14625.00 yuan/ton). The price of raw material PA6 has fluctuated and risen this week, with strong cost support.

In terms of supply: there is still a surplus in the inventory of membrane enterprises, and the pressure on the supply side is still there.

In terms of demand: Downstream procurement willingness is not high, and there is no significant improvement in the transaction atmosphere. Most orders are for essential stocking. Market demand has weak support for prices.

Future Market Forecast

The upstream raw material prices continue to rise, and the cost side gradually strengthens its support for the market; Downstream demand enterprises tend to have weak purchasing intentions, mostly replenishing goods for urgent needs, resulting in weak transactions; It is expected that BOPA prices will slightly increase in the near future.