The global Biaxially Oriented Polypropylene (BOPP) film market showed a mixed but generally stable performance across key regions in early May 2025, reflecting cautious downstream demand, supply adjustments, and evolving feedstock price dynamics.

North America maintained price stability with the U.S. market holding firm at around $2,530/MT. Despite steady demand the domestic buyers have restraint new BOPP film orders and preferred to draw down inventories amid concerns over Houston port congestion potentially delaying shipments to West Coast ports. Mexico’s BOPP film prices remained steady near $2,560/MT, supported by consistent domestic FMCG demand and imports from China and Colombia, despite tariff-related export challenges.

In South America, Brazil continued a steady BOPP film trend with prices around $2,557/MT. Stable demand from snack packaging and labeling sectors helped maintain market balance, even as domestic production eased due to competitive imports from China, the U.S., and Indonesia.

Across the Asia-Pacific (APAC) region, Chinese BOPP film market remained flat at approximately $1,223/MT amid weak downstream demand and rising crude oil costs, which contributed to a pricing stalemate despite ample polypropylene supply. India’s BOPP film sector faced notable pressure, with prices plunging by nearly 5%, driven by poor demand from packaging and FMCG segments and limited export opportunities due to aggressive Southeast Asian competition. Indonesia and South Korea showed relative stability in BOPP film trend, Indonesia experienced modest price declines amid weak seasonal demand and feedstock oversupply, while South Korea benefited from steady FMCG orders and strong export performance, sustaining price equilibrium.

In the Middle East & Africa, Saudi Arabia’s BOPP film prices remained stable at about $1,715/MT, supported by steady feedstock costs. However, producers reduced output to manage elevated inventories amid weak demand and increased competition from new market entrants. Expectations of further feedstock price easing may influence market dynamics in the near term.

Europe witnessed a nuanced performance. German BOPP film prices rose by 0.4% despite weak domestic consumption, aided by strong export activity and steady feedstock prices, but increase supply may create downward pressure in the coming weeks. Conversely, the UK market experienced a sharp rebound with the prices surging by over 6% due to healthy domestic demand. Russian BOPP film prices held steady as improved import conditions thanks to price cuts from Chinese exporters and stable domestic demand supported gradual recovery, despite ongoing geopolitical and supply challenges.

ChemAnalyst believes, the global BOPP film market is pass through a period of cautious steadiness, with selective pockets of volatility. ChemAnalyst anticipates the BOPP film market will deliver stable trend or minor fluctuation in upcoming weeks, as new consumers are closely monitoring feedstock price trends, trade policy developments, and downstream consumption patterns to gauge market direction. Regions showing recovery signs, like the UK and Russia, may set the tone for broader improvements, provided economic and geopolitical risks remain contained. Persistent weakened demand in India and certain APAC markets suggests that price pressures could linger there in the short term.