How has the price trend of BOPP synthetic label paper been in recent years?

In recent years, the price trend of BOPP (biaxially oriented polypropylene) synthetic label paper has shown certain volatility and complexity. The following is a detailed analysis of the price trend of BOPP synthetic label paper in recent years:

1、 Overall trend

In recent years, the overall price of BOPP synthetic label paper has shown a trend of first rising and then falling. This is mainly due to the comprehensive influence of various factors such as market supply and demand, raw material prices, macroeconomic situation, and policy environment.

2、 Specific trend analysis

In 2020:

Due to macro factors such as sudden public health emergencies at home and abroad, and a significant decline in international crude oil prices, the price of BOPP in the market has fluctuated greatly. In the first half of the year, prices continued to be weak. In the second half of the year, with the recovery of market demand, film prices rose strongly. However, in December, demand decreased and film prices fell back from high levels again.

In 2021:

The BOPP market price has experienced two rounds of upward trend, and in the fourth quarter, it almost gave up the annual increase. The prices throughout the year were higher than in the past five years, partly due to cost factors, and partly due to insufficient production and demand in the BOPP market since 2020. In 2021, the tight supply and demand situation continued, and BOPP prices were frequently adjusted and the price difference between BOPP and raw material polypropylene widened.

In 2022:

The market price of BOPP has entered a downward trend. With the prominent supply-demand contradiction and continuous pressure on market prices, the overall price has significantly decreased.

In 2023:

BOPP prices may mainly adjust weakly within the range. In terms of supply, the expansion of China's BOPP industry will continue; In terms of demand, the rebound of terminal demand is inevitable due to the advantages of downstream terminal market start-up and consumption recovery, but it will be relatively slow.

In 2024:

The supply and demand in the BOPP market have both increased, but the supply side is growing rapidly, while the demand is recovering in stages, and the supply-demand contradiction still exists. The price fluctuated at a low level throughout the year, and the fluctuation range narrowed. According to Zhuochuang Information, the price of BOPP in China in 2024 will be between 8640 and 9025 yuan/ton, with a price difference of 385 yuan/ton between high and low prices.

3、 Future prospects

Entering 2025, the price trend of BOPP synthetic label paper will still be influenced by various factors. On the supply side, it is expected that new production capacity will continue to be released, and supply pressure will persist; On the demand side, as the economy gradually recovers and consumption upgrades, demand is expected to continue to grow, but the growth rate may not be as fast as the supply growth rate. Therefore, the price of BOPP synthetic label paper may continue to fluctuate at a low level in the future.

In summary, the trend of BOPP synthetic label paper prices in recent years has shown a pattern of first rising and then falling, with significant overall fluctuations. In the future, under the comprehensive influence of various factors such as supply and demand, raw material prices, macroeconomic situation, and policy environment, the price of BOPP synthetic label paper may continue to fluctuate at a low level.