What is the price trend of BOPP thermal synthetic paper

The price trend of BOPP thermal synthetic paper is affected by a variety of factors, including raw material costs, supply and demand, production costs, macroeconomic environment, industry competition, and policies and regulations. The following is a detailed analysis of the price trend of BOPP thermal synthetic paper:

First, recent price trends

According to the data of Zhuo Chuang information, the average price of BOPP national mainstream market has been fluctuating recently. For example, in July 2024, BOPP prices experienced small increases and decreases, with specific price data as follows:

July 12, 2024:88883.33 yuan/ton, up or down 0.09%

July 11, 2024:8875.00 yuan/ton, up or down by -0.09%

July 10, 2024:88883.33 yuan/ton, up or down by -0.28%

These data show that the recent BOPP price shows a narrow volatility trend, the overall change is little.

Second, the first half of the price trend review

In the first half of 2024, the BOPP price as a whole showed a trend of low volatility, but it rose in stages. According to the summary of Sina Finance, the reason for the low fluctuation of BOPP in the first half of the year is mainly the game between the supply and demand side and the cost side. To be specific:

Raw material cost: raw material PP fluctuated upward in the first half of the year, and the cost side support was strong, which formed a certain support for the price of BOPP.

In terms of supply and demand: the long-term supply and demand of the BOPP market are strong and weak, and the fundamentals put pressure on the market, resulting in difficult prices to rise significantly. However, in some stages, such as the Spring Festival, driven by the rise in raw material PP futures and the macro favorable atmosphere, BOPP prices rose.

Third, the second half of the price trend forecast

Looking ahead to the second half of the year, the price trend of BOPP thermal synthetic paper may be affected by the following factors:

Raw material cost: If the price of raw material PP continues to rise, it will support the cost of BOPP and push the price up.

Supply and demand: The third quarter is the traditional demand season, downstream users may stock in advance, market demand is expected to improve, and the price of BOPP is supported. However, demand may weaken in the fourth quarter, and prices may face downward pressure.

Macroeconomic environment: Changes in the macroeconomic environment may affect market demand and production costs, which in turn affect BOPP prices.

Competitive situation in the industry: The competitive situation in the industry will also have an impact on BOPP prices. If market competition intensifies, enterprises may compete for market share through means such as price cuts and promotions.

Combined with the above factors, it is expected that in the second half of 2024, the price of BOPP thermal synthetic paper may show a trend of rise and then fall. In the third quarter, prices may rise on the support of seasonal improvement in demand and strengthening costs; However, after entering the fourth quarter, the demand side and the cost side of the positive weakening, the price may fall. However, the specific price trend also needs to pay close attention to the market dynamics and changes in the above influencing factors.