2019 has passed in a hurry. In 2019, the fluctuation range and frequency of the market price of the tape master roll will change. This paper focuses on the price change in 2019.
In 2019, the price of China’s BOPP tape Jumbo roll as a whole showed a “ladder” shaped shock downward. Although there was a rebound during the period, the strength of price rebound failed to repair the early decline, and the overall weak price consolidation tone remained unchanged. Looking back from the first quarter to the second quarter, the overall price of China’s tape master roll fell again and again; in the third quarter, there was a lack of favorable demand, and the price fluctuated in a narrow range; while in the fourth quarter, the price trend is still not optimistic. In 2019, the mainstream price of China’s BOPP tape master roll in East China will run at 9700-11150 yuan / ton from January to December, with an average price of 10262.60 yuan / ton, down 858.20 yuan / ton, or 7.72% compared with the average price in 2018. In 2019, the highest price appears in mid February, the lowest price appears in late June, and the difference between the high price and the low price is 1450 yuan / ton.
In 2019, the demand for master roll of adhesive tape is moderate, and the change of cost is still the main factor affecting the price change of master roll of adhesive tape in China.
Take the mainstream price of 50 μ tape master roll in East China as an example. From January to February, the tape master roll Market relied on the high price support of raw material BOPP supply shortage and downstream replenishment. The price experienced a short rise, and the price rose to the highest price of 11150 yuan / ton in the year. Then, under the situation that the upstream and downstream supply of BOPP tape master roll was greater than the demand, the price decreased from strong to weak pressure, the overall price trend declined from the high point, and the tape master roll market experienced a short rise The volume manufacturers make narrow profits, and the price mainly follows the reduction of raw materials. As of the end of the second quarter (June 28), the mainstream price in the East China market is 9600-9800 yuan / ton, a decrease of 1450 yuan / ton, or 14.95%, compared with the highest price of 11150 yuan / ton in the first half of 2019.
From July of the second half of 2019, BOPP and butyl acrylate increased tentatively, which brought the market cost support to the tape master roll. In addition, the tape master roll was in a state of loss, and the price rising mentality was obvious. Therefore, the mainstream price of the tape master roll rose to 10050 yuan / ton in July. Entering the tape master roll Market in August, it just needs a small recovery, which has a certain boost to the demand for the tape master roll. However, the operating load rate of China’s BOPP adhesive tape master roll industry is 45% – 60%, and the pattern of oversupply has lasted for many years. Even though the downstream demand has increased, the supply of adhesive tape master roll manufacturers has a large space for supply. During this period, 70% – 80% of the downstream slitting manufacturers in Linyi were affected by environmental protection, the stability of downstream unit operation was reduced, and the market demand growth was limited, which hindered the BOPP adhesive tape master roll Market from continuing to explore the growth Therefore, the price fluctuated in August.
Nine gold is no gold. It’s a foregone conclusion. In September, the price of adhesive tape master roll was weak and volatile. Affected by the Saudi incident and the sharp rise and fall of international oil price, the mainstream price of adhesive tape master roll rose 300 yuan / ton a day and then fell 200 yuan / ton. The market price changed greatly and rapidly, which intensified the wait-and-see mood of people in the adhesive tape master roll market. Once again, the market trading carefully maintained the rigid demand.
In terms of the fourth quarter, most of BOPP’s enterprises have been shut down for maintenance during the National Day holiday, and the start-up in October reached a new low; the start-up of membrane plant returned to normal in November; the start-up of butyl acrylate decreased, but the demand was weak, and the price increase was limited. The cost support of the tape master roll is limited, and the demand side is at the time point from strong to weak. The demand side is general. The market of the tape master roll is in a stalemate operation, and the market price fluctuates and falls in November and December, maintaining the profit atmosphere.
To sum up, in the face of the oversupply of China’s BOPP tape master roll industry, cost is a key factor affecting the price trend of the tape master roll. The short-term recovery of demand has limited boosting effect on the market and short-term sustainability
Shenzhen World Packing Industrial Limited
Top Stretch Wrap Film & Adhesive Tapes Manufacturer