Price analysis of jumbo roll tape in April
This month jumbo roll taper market trend and zhuochuang information forecast slightly different, the market price weak shock operation.By the end of the month, the 50micron jumbo roll tape in east China was 10225 yuan/ton, 525 yuan lower than the closing price at the end of April and 975 yuan/ton lower than that at the end of April.Shandong region 10100-10200 yuan/ton, north China region 10200-10800 yuan/ton;10100-10300 yuan/ton in northeast China;Quotation in fujian area: 10500-10800 yuan/ton;South China does not include VAT 0.50-0.54 yuan/square meter.Affected by slowing demand and cost reduction, the price of tape master roll this month is difficult to rise, the market is contradictory, cautious preparation; Jumbo roll tape manufacturers to take the way of starting down and concessions to actively shipping, to relieve the pressure of inventory.
2. Operation data analysis of jumbo roll tape industry in China
Table 2 sampling survey and analysis of operation data of BOPP tape master coil industry in China (May 2019)
Operating indicators in April and may compared with the same period last year
Operating rate 53.44% 51.00% -2.44% -7.54%
Gross margin 0.03% 0.38% 0.35% 0.07%
BA inventory (days) 4.35 4.14-0.21-4.48%
BOPP inventory (days) 4.28 4.25 0.03-2.25
Tape inventory (day) 3.94 4.45 0.51 0.94
According to zhuochuang statistics, by the end of May 2019, the domestic production capacity of BOPP tape master coil has reached 3.3552 million tons, equivalent to 281,800 tons per month.According to the index in the above table, the output of BOPP rubber tape master roll in May 2019 is estimated to be 143,700 tons, 0.09 tons lower than the previous month and 12,900 tons lower than the previous year.The average monthly price of tape master roll this month is 10384.52 yuan/ton, 460.93 yuan/ton lower than last month.
In terms of capacity utilization, the starting level of jumbo roll tape in China decreased in May. The operating rate of rubber tape master coil manufacturers was 51.00%, 2.44% lower than that of the previous month and 7.54% lower than that of the previous year.
3. View of the market after tape master roll
Generally speaking, the price of jumbo roll tape in June is stable and narrow range decline is possible, while the price of rubber tape master coil in June is still difficult to rise.Raw material BOPP price or at the beginning of the month with PP first strong, but the sustainability is limited;Butyl acrylate is now in a loss state, but at the same time the market and lack of good release, is expected to June price range shock operation, about the main orders;At the end of may, downstream users were obviously aware of the slowdown in terminal orders and delivery speed, and there was little chance of improvement in the expected demand side in June.Zhuochuang expects that the market price of rubber tape master roll in June will be stable first and then fluctuated down. In the middle and late part of the year, the lower reaches will cover positions, and the price will be stable and stop falling, and the price will fluctuate 9950-10500 yuan/ton.