Prices Of Bopp Adhesive Tape Jumbo Roll Are Temporarily Stable

- Oct 15, 2019-

Prices of bopp adhesive tape jumbo roll are temporarily stable


Over the weekend, there was news that China and the United States have made substantial progress in economic and trade negotiations.However, waiting for more details on the us-china trade deal, oil prices began to fall intraday in Asian trading, while us and European crude oil futures closed down nearly 2%.Nymex west Texas light oil for November 2019 settled at $53.59 a barrel on Monday, down $1.11, or 2.0%, from the previous session, trading in a range of $52.77 to $54.9.Brent crude for December 2019 settled at $59.35 a barrel on the ice futures exchange, down $1.16, or 1.9 percent, from the previous session, trading in a range of $58.5 to $60.73.

Raw material respect: international crude oil price falls slightly, uncertainty increases.Raw materials bopp adhesive tape jumbo roll  price zhang, butyl acrylate manufacturers offer stability, transaction intention price increase, raw materials although there is a small increase, but the downstream to buy general enthusiasm.Tape master roll production enterprises operating cautious attitude, downstream factories to the main demand.Zhuochuang is expected to be stable in the near future, wait and see the trend of raw materials, price fluctuation of 9800-10200 yuan/ton, focusing on negotiation.