The BOPET film prices in China have continued to decline during April xxxx due to low feedstock PET costs. Due to the ongoing tariff-trade imposition by the US government, the feedstock PET prices in China remained at a lower end throughout April. This decline has weakened the manufacturing costs of BOPET Film during this period and affected the price trend.
Key Takeaways:
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During April xxxx, prices of BOPET Film in China has declined by x.xxx
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The production costs of BOPET were reduced due to a continuous decline in feedstock PET prices by x.xx
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Several market players admitted minimal demand from the downstream packaging sector.
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Uncertainty regarding Tariff has dampened consumer demand from bottling and chips.
As per ChemAnalyst, BOPET Film prices in China are expected to rebound in May xxxx due to rapid inventory stocking in anticipation of higher demand from the...
