The USA BOPP film demand decreases seasonally in December **** as food packaging and confectionery producers scale down post Q* promotions-to-routine replenishments, with the label producers cutting run-rates amongst year-end maintenance and slowing down consumer goods production. E-commerce BOPP film demand volumes remained stable on a year-over-year basis, compensating for some minor softening elsewhere, while BOPP film demand for medical packaging remains steady, albeit minor. Flexible-pack producers relied on drawdown of built-up BOPP film stocks to take a conservative stance as opposed to engaging in speculative buying. Sustainability concerns specifications, yet limited availability of PCR-grade limited transitions. Supply was stable with Gulf Coast extrusion lines running at its maximum capacity but further debottlenecking increasing capacity throughputs. Dependable imports from China/India (high wide-width utilization), stable Shanghai-Los Angeles freight, and strong polypropylene post-propylene recovery made for consistent landed costs. Inland trucking delivery to Midwest hubs, comfortable port/converter inventories, and steady energy costs helped to sustain balance,...
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