The prices of BOPP film in some regions underwent a decline in prices, others witnessed an uptick, reflecting varying regional dynamics in supply, demand, and feedstock costs.
The United States food packaging and FMCG sectors favored the BOPP film market with a price uptick of x.xxx. The demand was so high and sufficient that it also absorbs the pioneer shock of feedstock prices, the polypropylene prices dip by x.xxx after the United States announced to lower its prices in natural energy resources (Oil & Gas) to compete in the international market.
The United States led a strategic advancement to dominate and divert the global BOPP film market attention to its favor. The FOB market was seen progressively peaking at $xxxx/MT highest in x months. However, all eyes are in May as the downstream industries have adopted cautious procurement practices, prioritizing...
