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

In recent years, the price trend of BOPP (biaxially oriented polypropylene film) thermosensitive synthetic paper has been influenced by various factors, including raw material costs, production costs, market supply and demand relationships, and macroeconomic environment. The following is an analysis of the price trend of BOPP thermal sensitive synthetic paper in recent years:

1、 Overall price trend

In recent years, the price of BOPP thermal sensitive synthetic paper has shown some volatility. Due to the fact that BOPP thermosensitive synthetic paper is made by adding thermosensitive coatings and other processing techniques on the basis of BOPP film, its price trend is closely related to the price of BOPP film. Meanwhile, the uniqueness and market demand of thermal sensitive synthetic paper will also have an impact on its price.

2、 Specific price trend analysis

Price trend in 2022:

In 2022, the overall price of BOPP market entered a downward trend. Taking thick film in East China as an example, the average price in 2022 is 10482 yuan/ton, which has decreased compared to the previous year. The price fluctuated significantly within the year, with high values appearing in early March and low values appearing at the end of December.

The price of BOPP thermal sensitive synthetic paper is also affected by this overall trend, showing a downward trend.

Price trend in 2023:

In 2023, BOPP prices will mainly experience weak adjustments within the range. In terms of supply, the expansion of China's BOPP industry continues, involving an increase in production capacity; In terms of demand, the rebound of terminal demand is somewhat inevitable but relatively slow due to the advantages of downstream terminal market start-up and consumption recovery.

The price of BOPP thermal sensitive synthetic paper also shows some volatility in this context, but the overall trend may be relatively stable.

Price trend in 2024:

In 2024, the supply and demand of BOPP market will increase both, but the supply side will grow rapidly, while the demand will gradually recover, and the supply-demand contradiction will still exist. The overall shift of price focus has deepened the negative gross profit situation in the industry.

The price of BOPP thick gloss film fluctuated at a low level throughout the year, with a narrower range of fluctuations. The lowest price appeared in late September, and the highest price appeared at the end of May.

The price of BOPP thermal sensitive synthetic paper is also affected by this overall trend, showing a low-level oscillation trend. Meanwhile, due to the special nature of thermal synthetic paper and changes in market demand, its price may also be affected by other factors.

Price outlook for 2025:

It is expected that BOPP prices will continue to fluctuate at the low level of 2024 in 2025, and the fluctuation range will continue to narrow. From a supply side perspective, it is expected that there will be new production capacity added to the market; On the demand side, demand will continue to recover, but the growth rate is not as fast as the supply growth rate, and the current situation of oversupply in the market is difficult to change.

Therefore, the price of BOPP thermal sensitive synthetic paper may continue to fluctuate at a low level in 2025. Meanwhile, it is necessary to closely monitor the impact of factors such as the deployment of new production capacity, changes in macroeconomic policies, and fluctuations in market sentiment on prices.

3、 Factors influencing price trends

Raw material cost: The price fluctuation of raw material polypropylene directly affects the production cost of BOPP film and thermosensitive synthetic paper, which in turn affects their market price.

Production costs: Improvements in production processes, fluctuations in energy prices, etc. can all affect production costs, thereby affecting the market price of the final product.

Market supply and demand relationship: When market demand exceeds supply, prices may rise; On the contrary, when supply exceeds demand, prices may fall. This rule also applies to the BOPP thermal sensitive synthetic paper market.

Macroeconomic environment: Changes in the macroeconomic environment can also have an impact on the price of BOPP thermal synthetic paper. For example, a decrease in demand during an economic recession may lead to a drop in prices; During economic recovery, an increase in demand may drive up prices.

In summary, the price trend of BOPP thermal sensitive synthetic paper has shown certain volatility in recent years, influenced by various factors. The future price trend will continue to be influenced by factors such as raw material costs, production costs, market supply and demand relationships, and macroeconomic environment. Therefore, when predicting future price trends, it is necessary to comprehensively consider the changes in these factors.