Price trend

According to the Commodity Market Analysis System of Shengyishe, the CPP market prices have remained stable with some increases this week. As of April 15th, domestic producers and traders have reached 25% μ The mainstream quoted price for m’s CPP film is around 10191.67 yuan/ton, a decrease of about 0.58% from last week’s average price.

quotations analysis

In terms of raw materials: 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 7814.29 yuan/ton, which is 0.92% higher than the beginning of this month (7742.86 yuan/ton).

The price of raw material PP first decreases and then increases, and the raw material is operating stronger, with increased cost support. Film companies have low interest rates, and there is not much room for negative profit margins. The operating load rate is at a normal level and the supply is stable.

In terms of demand: Enterprise demand is in the off-season, and downstream enterprises just need to restock. Weak demand.

Future Market Forecast

Negative and bullish are intertwined, and it is expected that CPP prices will weaken and consolidate in the near future.