In early January 2025, BOPP FILM (Biaxially Oriented Polypropylene) prices experienced a decline, driven by weak demand and oversupply in the market. As the year closed, there was a significant increase in supply, while demand weakened, which led to a shift in the market trend from stability to a downward price adjustment. The downstream industries, particularly the packaging sector, maintained a cautious purchasing stance, reflecting the broader economic slowdown.

In China, the BOPP FILM market followed a similar pattern to the global trend, with prices declining in the early part of 2025. The market experienced a surplus of supply as manufacturers and suppliers had accumulated excess inventories in December 2024. The result was reduced purchasing activity in January 2025, as buyers opted to focus on existing stock levels instead of placing new orders. The downstream packaging industries, which are the main consumers of BOPP FILM, saw reduced demand, further contributing to the price decline. Many businesses in China also faced reduced new orders, causing a more subdued market environment. While production levels remained stable, the weak demand and oversupply led to a cautious outlook for the BOPP FILM market, suggesting a stable but weak market in the near term.

In Germany, BOPP FILM prices remained relatively stable during the first half of January 2025, despite weak market sentiments. The stability in prices was primarily due to steady feedstock propylene costs, though demand remained low in the downstream industries. Similar to China, many businesses in Germany chose to focus on utilizing existing stock rather than placing new orders, reflecting the overall caution in the market. Production output from BOPP FILM manufacturers in Germany remained steady, although some plants reduced their operations or temporarily halted production, preventing an oversupply situation. Export orders declined, and the domestic market saw slower purchasing activity, further contributing to a weak market sentiment for BOPP FILM. Overall, the market remained subdued, with no significant price fluctuations expected in the immediate future.

Looking ahead, the BOPP FILM market is expected to remain weak but stable in the short term. While prices are not anticipated to experience significant increases in the immediate future, there is potential for a rebound in Q1 2025 as businesses move into a restocking phase. The cautious purchasing activity in early 2025, driven by the inventory build-up and low demand, is expected to shift as demand for BOPP FILM in packaging and related industries stabilizes. However, the overall pace of recovery will be closely linked to broader economic trends and the performance of downstream sectors.