Market price forecast of bopp jumbo in August

- Sep 12, 2019-

Market price forecast of bopp jumbo in August

According to zhuochuang's statistics, by the end of July 2019, China's bopp jumbo production capacity reached 3.309 million tons, equivalent to 277,900 tons per month.According to the above table, the production of bopp jumbo in July 2019 is about 143,200 tons, which is 0.54 million tons higher than the previous month and 13,400 tons lower than the previous year.The average monthly price of master tape is 9,928.26 yuan/ton, which is 48 yuan/ton higher than that of last month.

In terms of capacity utilization, in July, the starting level of bopp jumbo in China increased, and the operating rate of the manufacturers of adhesive tape master coil was 51.52%, 1.94 percentage points higher than the previous month, and 3.66 percentage points lower than the previous year.

Market supply analysis: according to zhuochuang, this month tape master roll manufacturers stable supply;Downstream linyi market because autumn and winter air management starts to reduce somewhat.

In general, August bopp jumbo market price has a small rebound is likely, the price of high range to wait and see;Raw material BOPP price may be first strong and then weak;Butyl acrylate supply changes are small, the market is currently no inventory pressure, manufacturers pull up the mentality of obvious, make up for the early losses, August prices may be stable in the pull up;According to zhuochuang understanding, now tape master roll downstream inventory is flat, no inventory pressure, in August or there is a warehouse filling operation, demand may be improved, but need to pay attention to the impact of autumn and winter air treatment time and scope.Zhuochuang expects that the market price of adhesive tape master roll in August will first be strong and then stable, paying close attention to the dynamics of raw materials and demand, and the price fluctuates by 9,900-10,500 yuan/ton.