The global Biaxially Oriented Polypropylene (BOPP) film market exhibited a mix of both stability and selective growth during the second and third weeks of May xxxx. For few regions prices held steady while other markets witness an upward pressure due to supply-demand dynamics and logistical challenges.
• North America: Prices hold firm despite transport and supply snags.
In the United States, BOPP film prices remained unchanged at $x,xxx/MT across both weeks marking five weeks of stability. The market balanced rising input costs feedstock polypropylene prices at $x,xxx/MT, against subdued demand from key sectors like packaging and labeling. E-commerce growth bolstered domestic demand for BOPP film. Although U.S. exporters faced stiff competition from lower priced international rivals, limiting global market share. Logistical challenges persisted with severe congestion at the Port of Houston causing delays in overseas shipments.
In Mexico,...
