Daily Review: BOPP Market Remains Stable with Minor Fluctuations, Prices Slightly Dip

Market Overview: On September 12, the price of BOPP film slightly declined, with the average price of BOPP thick glossy film at 8,407 yuan/ton, down 0.04% from the previous working day. The transaction prices in the BOPP thick film market mostly range from 8,100 to 8,700 yuan/ton. International oil prices have fallen, PP futures are weak and consolidating, and raw material prices are slightly weakening. The BOPP market is generally stable with minor fluctuations, with prices slightly declining. Cost support is loosening, and the impact of the "Golden September" on the market is limited, leading to an overall low demand sentiment, with downstream buyers primarily placing orders at low prices.

Market Prices: Today's market prices in various regions remain stable. Latest market prices for BOPP in Qingdao, Shandong. Reference quotes: thick glossy film 8,700 RMB/ton, 18/19μ glossy film 9,650 RMB/ton, 18/19μ matt film 10,550 RMB/ton; the above prices are for self-pickup. Latest market prices for BOPP in Yiwu, Zhejiang. Reference quotes: thick glossy film 8,100 RMB/ton, 18/19μ glossy film 8,850 RMB/ton, 15μ glossy film 9,650 RMB/ton, 12μ glossy film 10,650 RMB/ton; the above prices are for self-pickup. Latest market prices for BOPP in Anbu, Chaoshan. Reference quotes: thick glossy film 8,100 RMB/ton, 18/19μ glossy film 8,800 RMB/ton, 15μ glossy film 9,500 RMB/ton, 18/19μ matt film 9,700 RMB/ton, 25μ pearlescent film 9,200 RMB/ton; the above prices are for self-pickup.

Market forecast: The overall raw material market is weak, with international oil prices declining, leading to a weak drop in the PP market prices. Downstream inquiry atmosphere is insufficient, and there is a strong wait-and-see sentiment. It is expected that tomorrow's BOPP film prices will fluctuate and stabilize, with the average price of thick glossy film ranging from 8100 to 8800 yuan/ton.