For the Quarter Ending December 2025
North America
• In the USA, the BOPP Film Price Index rose by 4.20% quarter-over-quarter, reflecting seasonal procurement.
• The average BOPP Film price for the quarter was approximately USD 2670.67/MT on export volumes.
• BOPP Film Spot Price remained subdued amid balanced supply; the Price Index signaled range-bound conditions.
• BOPP Film Price Forecast anticipates slight uptick holiday season driven by converter restocking and demand.
• BOPP Film Production Cost Trend stayed neutral as polypropylene feedstock eased supporting stable mill margins.
• BOPP Film Demand Outlook remains muted with converters preferring paper and food-grade demand maintaining volumes.
• Inventory and exports kept the BOPP Film Price Index steady amid demand shifts, reducing volatility.
• Domestic plants operated normal rates, supporting supply, with tightness risk limited by robust production capacity.
Why did the price of BOPP Film change in December 2025 in North America?
• Balanced domestic supply and steady exports prevented sharp moves, keeping Price Index range-bound in December.
• Marginal polypropylene cost easing alleviated production cost pressures, reducing upward pressure on BOPP Film pricing.
• Weaker downstream converter demand and inventory adequacy reduced restocking urgency, moderating short-term price volatility conditions.
APAC
• In Indonesia, the BOPP Film Price Index fell by 11.53% quarter-over-quarter, driven by export weakness.
• The average BOPP Film price for the quarter was approximately USD 1151.33/MT based on reported trade receipts.
• BOPP Film Spot Price remained pressured by ample Northeast Asian imports and constrained converter purchasing, sustaining oversupply.
• BOPP Film Price Forecast points to limited upside near-term as inventories remain elevated and buying cautious.
• BOPP Film Production Cost Trend showed marginal easing due to softer feedstock while tariffs constrained pass-through.
• BOPP Film Demand Outlook remains uneven; domestic FMCG supports volumes while export orders remain thin.
• BOPP Film Price Index reflected accelerating downside as European and Turkish buyers withdrew, swelling Indonesian warehouse stocks.
• Efficient Tanjung Priok operations and lower freight supported continuous inflows, keeping availability abundant and prices capped.
Why did the price of BOPP Film change in December 2025 in APAC?
• Ample import arrivals from China, Thailand, and South Korea maintained high supply preventing price increases.
• Polypropylene feedstock softened slightly but rupiah depreciation and electricity tariffs limited cost pass-through benefits.
• Export cancellations and trade uncertainty reduced external demand, forcing converters to divert to domestic inventories.
Europe
• In Germany, the BOPP Film Price Index fell by 3.23% quarter-over-quarter, due to weak demand.
• The average BOPP Film price for the quarter was USD 2377.33/MT, per reported transactional totals.
• BOPP Film Spot Price stayed range-bound while Price Index reflected limited volatility amid balanced imports.
• BOPP Film Production Cost Trend softened after polypropylene eased, while carbon and energy costs pressured margins.
• BOPP Film Demand Outlook remains muted, with FMCG seasonal call-offs insufficient to offset industrial weakness.
• BOPP Film Price Forecast suggests mild year-end upside followed by post-holiday softening as inventories remain elevated.
• BOPP Film Price Index movements showed export continuity despite Hamburg berth delays, keeping availability ample.
• Producers maintained offers to protect volumes, adjusting operating rates to align supply with Price Index.
Why did the price of BOPP Film change in December 2025 in Europe?
• Balanced import arrivals and steady converter call-offs limited upward pressure, keeping prices neutral in December.
• Declining polypropylene feedstock marginally reduced production costs, but EU ETS carbon charges constrained pass-through benefits.
• Port berth reductions and moderate vessel waits created logistical friction, affecting FOB export timing.
MEA
• In Saudi Arabia, the BOPP Film Price Index fell by 4.607% quarter-over-quarter, reflecting balanced supply.
• The average BOPP Film price for the quarter was approximately USD 1642.67/MT based on calculations.
• Balanced domestic output with limited imports kept BOPP Film Spot Price range-bound throughout the quarter.
• Regional logistics stability and steady polypropylene feedstocks support cautious BOPP Film Price Forecast for gains.
• Flat polypropylene resin costs constrained input volatility, shaping a muted BOPP Film Production Cost Trend.
• Steady FMCG and packaging demand underpins the BOPP Film Demand Outlook, converters maintaining disciplined procurement.
• Quarterly BOPP Film Price Index movements mirrored export continuity and balanced inventories, limiting seller re-pricing.
• Monitor plant utilization, import flows and restocking; these factors can shift BOPP Film Price Index.
Why did the price of BOPP Film change in December 2025 in MEA?
• Ample domestic output and uninterrupted feedstock availability increased supply, exerting downward pressure on spot negotiations.
• Converters reduced spot call-offs and maintained lean inventories, dampening upward price impulses despite steady demand.
• Smooth port operations and regional oversupply kept logistics stable while market sentiment remained cautiously bearish.
South America
• In Brazil, the BOPP Film Price Index rose by 3.30% quarter-over-quarter, driven by steady import inflows balancing demand.
• The average BOPP Film price for the quarter was approximately USD 2868.67/MT, reflecting stable import availability.
• BOPP Film Spot Price remained muted amid neutral flows, keeping the BOPP Film Price Index directionally balanced.
• BOPP Film Production Cost Trend showed limited upward pressure as polypropylene feedstock prices and energy tariffs stayed contained.
• BOPP Film Demand Outlook remained moderate with seasonal FMCG and e-commerce demand supporting volumes despite manufacturing slowdowns.
• BOPP Film Price Forecast indicates modest firming into year-end driven by restocking and holiday packaging seasonal uptake.
• Elevated inventories and steady export demand tempered upside, keeping the BOPP Film Price Index restrained through December.
• Smooth Santos port operations and import continuity supported availability, while local producer maintenance risks could tighten supply briefly.
Why did the price of BOPP Film change in December 2025 in South America?
• Steady import inflows and efficient Santos port operations ensured adequate supply, limiting upward price pressure.
• Contained polypropylene feedstock costs and stable energy tariffs reduced production cost pass-through into BOPP Film pricing.
• Moderate downstream purchasing and policy-driven recycled demand created mixed signals, restraining aggressive spot buying momentum.
For the Quarter Ending September 2025
North America
• In USA, the BOPP Film Price Index rose by 6.07% quarter-over-quarter, driven by polypropylene feedstock.
• The average BOPP Film price for the quarter was approximately USD 2563.00/MT and rising inventories
• BOPP Film Spot Price strengthened as lead times lengthened and converters replenished inventories before peak
• BOPP Film Price Forecast expects short-term firmness, supported by seasonal packaging demand and logistical constraints
• BOPP Film Production Cost Trend showed pressure from polypropylene and additive logistics, compressing producer margins
• BOPP Film Demand Outlook remains supported by e-commerce demand, though sustainability shifts temper long-term growth
• BOPP Film Price Index volatility eased as inventories balanced and energy costs remained stable regionally
• BOPP Film Spot Price resilience offset substitution risks, while sustainability policies increasingly influence procurement decisions
Why did the price of BOPP Film change in September 2025 in North America?
• Feedstock polypropylene softened in September, reducing production costs and easing upward pressure on film prices
• Export demand to Canada weakened due to environmental policies, lowering regional offtake and export volumes
• Rising inventories and cautious downstream buying amid regulatory uncertainty moderated purchasing, limiting further price gains
APAC
• In Indonesia, the BOPP Film Price Index rose by 0.57% quarter-over-quarter, reflecting tight imports recently.
• The average BOPP Film price for the quarter was approximately USD 1301.33/MT, reflecting import parity.
• BOPP Film Spot Price remained subdued as abundant arrivals and cautious importers restrained spot buying.
• BOPP Film Price Forecast signals modest downside ahead due to inventory accumulation and procurement caution.
• BOPP Film Production Cost Trend rose from higher freight and crude-linked logistics, supporting delivered price.
• BOPP Film Demand Outlook remains firm across FMCG and e-commerce, while sustainability shifts temper growth.
• BOPP Film Price Index weakness was offset by steady regional imports maintaining converter supply continuity.
• BOPP Film Price Forecast sensitivity depends on port congestion resolution, regulatory clarity, and holiday demand.
Why did the price of BOPP Film change in September 2025 in APAC?
• Shanghai port congestion delayed shipments, tightening arrivals and elevating CFR landed import costs thereby.
• Higher freight rates and crude-linked logistic pressures increased delivered import costs, compressing importers' landed margins.
• Regulatory tightening and inventory accumulation prompted cautious buying, moderating price support despite stable end-user demand.
Europe
• In Germany, the BOPP Film Price Index fell by 1.89% quarter-over-quarter, reflecting logistical congestion and oversupply pressure.
• The average BOPP Film price for the quarter was approximately USD 2456.67/MT, based on FOB Hamburg weekly levels.
• BOPP Film Spot Price showed range-bound behaviour, supporting a stable Price Index amid balancing feedstock and logistical influences.
• BOPP Film Production Cost Trend remained muted as polypropylene feedstock fluctuations were modest, limiting input-driven upward pressure.
• BOPP Film Demand Outlook sees steady domestic converter demand offset by weak seasonal buying and export headwinds.
• BOPP Film Price Forecast projects modest downside risk near-term, with inland rail shipments mitigating severe maritime disruption.
• Elevated domestic inventories and constrained export demand due to Hamburg congestion weakened bargaining power of major producers.
• Major plants maintained high run-rates and availability, supporting supply continuity despite port bottlenecks and logistical strain.
Why did the price of BOPP Film change in September 2025 in Europe?
• Persistent Hamburg port congestion curtailed exports, accumulating domestic stocks and pressuring domestic spot Price Index.
• Feedstock polypropylene eased modestly, reducing input-cost pressure while rail and road routes partially sustained deliveries.
• Downstream demand remained muted, disciplined buyers avoided forward purchases, reducing spot liquidity and export orders.
MEA
• In Saudi Arabia, the BOPP Film Price Index fell by 0.19% quarter-over-quarter, reflecting export moderation.
• The average BOPP Film price for the quarter was approximately USD 1722.00/MT by industry sources.
• BOPP Film Spot Price pressure eased as steady feedstock availability supported operational throughput and shipments.
• BOPP Film Production Cost Trend remained stable due to polypropylene feedstock easing and energy tariffs.
• BOPP Film Demand Outlook remains balanced; consistent FMCG and export demand support Price Index stability.
• BOPP Film Price Forecast indicates recovery potential driven by seasonality and year-end replenishment among buyers.
• Inventory levels remained routine, limiting pressure on the BOPP Film Price Index despite export strength.
• Major producers announced capacity expansion, supporting supply resilience and tempering Price Index volatility across markets.
Why did the price of BOPP Film change in September 2025 in MEA?
• Stable polypropylene availability reduced upstream cost pressures, limiting producers' pass-through and softening spot price movements.
• Seasonal downstream slack and cautious converter procurement contributed to downward pressure on the Price Index.
• Elevated freight costs and logistics uncertainty reduced export volumes, offsetting domestic demand, nudging prices lower.
South America
• In Brazil, the BOPP Film Price Index rose by 8.05% quarter-over-quarter, driven by feedstock constraints.
• The average BOPP Film price for the quarter was approximately USD 2777.00/MT, reflecting import costs.
• BOPP Film Spot Price volatility reflected U.S. inventory adjustments and revocation of import duties recently.
• BOPP Film Price Forecast suggests short-term rangebound trading, with occasional spikes from port disruptions ahead.
• BOPP Film Production Cost Trend increased as polypropylene resin duties and freight escalated input costs.
• BOPP Film Demand Outlook stays stable, supported by snack food, e-commerce packaging and FMCG promotions.
• Supplier inventory builds temporarily eased BOPP Film Price Index pressure, but domestic restocking sustained purchases.
• Domestic investment and acquisitions may expand local capacity, reducing Brazil's import reliance for BOPP Film.
Why did the price of BOPP Film change in September 2025 in South America?
• U.S. inventory draws then releases shifted import offers, transmitting lower landed costs into Brazilian markets.
• Polypropylene feedstock allocation constraints tightened local extrusion runs, elevating short-term availability and pricing pressure notably.
• Port congestion and rising freight rates increased landed costs, prompting cautious procurement and inventory adjustments.
For the Quarter Ending June 2025
North America
• The BOPP Film Spot Price in the U.S. averaged a 3.53% at USD 2416.33/MT rise throughout Q2 2025, as indicated by a firming BOPP Film Price Index.
• Stronger restocking within the domestic market and increased FMCG packaging during the months of May and June witness prices increase.
• The BOPP Film Production Cost Trend was steady throughout April and May, but prices for feedstock polypropylene moved 3.29% higher in June, putting more pressure on input costs.
• Home market demand was consistent, aided by e-commerce and food packaging industries, enhancing the BOPP Film Demand Outlook.
• The BOPP Film Price Forecast indicates sustained firm prices in early Q3, except for a slowing down of demand or logistic bottleneck.
Why did the BOPP Film price move in July 2025 in the USA?
• The Price Index increased owing to seasonal peak demand from FMCG and e-commerce segments.
• Firm consumption kept inventory accumulation at bay, reinforcing price strength.
• Despite the consistent Production Cost Trend, demand was the main upward momentum driver.
Europe
• The German BOPP Film Spot Price indicated an average fall of 1.11% at USD 2504/MT throughout Q2 2025, and this was replicated by a declining BOPP Film Price Index.
• April and May weakness in prices stemmed from weak domestic demand and an overhang of inventory, although there was a slight increase in June following activity from exports.
• The BOPP Film Production Cost Trend remained relatively flat with no noteworthy variation in the price of feedstock.
• The BOPP Film Demand Outlook continued weak throughout Germany, but increasing cross-border orders from Poland and France somewhat relieved pressure.
• The Q3 BOPP Film Price Forecast indicates stable-to-firm action, subject to continuing export performance and regional consumption.
Why did the price of BOPP Film change in July 2025 in Germany?
• Price Index increased as greater exports offset excess inventories.
• Local production stayed high, but rising overseas demand reinforced prices.
• No significant shift in Production Cost Trend, indicating demand led to the rise.
Asia-Pacific (APAC)
• The BOPP Film Spot Price for China registered an average downtick of -0.91% at USD 1236.66/MT in Q2 2025, leading to a steadily decline BOPP Film Price Index.
• Towards May there was a significant increase in export demand, especially from Southeast Asia, and domestic FMCG consumption also aided price resistance.
• Towards stable polypropylene prices, there were shipment delays at Shanghai port due to congestion, which modestly impacted the BOPP Film Production Cost Trend.
• The BOPP Film Demand Outlook during the quarter remained buoyant with joint domestic and international offtake.
• The BOPP Film Price Forecast suggests upward momentum will persist through early Q3, given improving logistics conditions.
Why did BOPP Film price move in July 2025 in China?
• The Price Index decreases owing to tightened overseas demand.
• Steady Production Cost Trend enabled producers to balance demand profitably.
• Export-oriented consumption boosted domestic pricing levels.
For the Quarter Ending March 2025
North America
In the first quarter of 2025, the North American Biaxially Oriented Polypropylene (BOPP) film market experienced subdued demand, particularly from the packaging sector, which remained cautious due to macroeconomic uncertainties and limited new orders. Despite these challenges, supply conditions remained balanced, supported by stable production rates and sufficient inventory levels. This equilibrium helped mitigate significant price fluctuations, as market participants adopted a wait-and-watch stance, closely monitoring economic developments and potential tariff impacts. Expectations of seasonal demand improvements in the coming months contributed to cautious optimism within the market, even as economic headwinds continued to temper downstream activity.
In the United States, BOPP film prices saw a modest increase of 0.76% from Q4 2024, averaging $2334.0 USD/MT during Q1 2025. The intra-quarter price trend was largely flat, reflecting a stable balance between supply and demand. Key packaging consumers maintained conservative purchasing strategies amid ongoing economic uncertainties, which, combined with adequate inventory levels, supported price stability. While the market outlook remains broadly stable, expectations for a gradual demand recovery are tied to anticipated seasonal packaging needs in the coming months. Producers and traders are likely to maintain a balanced approach, focusing on aligning supply with evolving demand conditions to sustain market equilibrium.
APAC
The APAC BOPP film market in Q1 2025 was characterized by abundant supply and subdued demand, particularly from the packaging sector, which tempered price momentum. Logistical challenges and delivery uncertainties further dampened buying interest, resulting in a generally cautious market sentiment. Despite some fluctuations, the region maintained a relatively balanced supply-demand dynamic, with inventory levels remaining comfortable. Seasonal factors and economic slowdowns contributed to muted consumption, while competitive import pricing, especially from key producers, reinforced price stability throughout the quarter.
In Indonesia, BOPP film prices declined by 3.71% from Q4 2024 to Q1 2025, averaging USD 1307.33/MT in the current quarter. The intra-quarter price trend was largely flat, reflecting stable monthly prices amid moderate demand from the packaging industry and ample domestic inventories. Competitive Chinese imports and cautious procurement by end-users constrained price growth, resulting in a predominantly bearish market stance. Near-term outlook suggests continued subdued demand with slight price fluctuations expected as the market awaits potential recovery signals.
MEA
In the MEA region during Q1 2025, the BOPP film market exhibited subdued demand largely influenced by seasonal and economic factors, including the Ramadan period which dampened industrial activity and consumer purchasing. Supply constraints emerged from limited feedstock availability, particularly polypropylene, tightening production volumes and inventories. Despite these pressures, overall market sentiment remained cautious with balanced supply-demand dynamics, and trading activity was primarily need-based. As the quarter progressed, a modest recovery in demand was anticipated post-Ramadan, although export orders, especially to Europe, showed signs of weakening.
In Saudi Arabia, BOPP film prices declined marginally by 0.52% from Q4 2024 to Q1 2025, averaging $1718.67 USD/MT in the current quarter. The intra-quarter price trend was essentially flat, reflecting a balance between tight feedstock supply and muted demand during Ramadan. Price stability was underpinned by constrained production volumes and low purchasing interest in the packaging sector, resulting in a stable to slightly bearish market outlook. Near-term expectations suggest a gradual demand rebound post-Ramadan, with potential price adjustments aligned to seasonal consumption patterns.
Europe
In the first quarter of 2025, the European Biaxially Oriented Polypropylene (BOPP) film market faced subdued demand, particularly from the downstream packaging sector, as procurement activity remained cautious and environmental concerns influenced purchasing decisions. Domestic supply generally met market requirements, but elevated inventory levels, coupled with operational challenges such as port congestion and labor shortages, constrained overall market activity. Seasonal demand fluctuations and a growing preference for sustainable packaging further dampened consumption, resulting in a weak market sentiment and limited price momentum throughout the quarter.
In Germany, BOPP film prices decreased by 2.13% compared to the previous quarter, averaging USD 2532.0/MT in Q1 2025. Monthly pricing trends were relatively flat, reflecting a fragile balance between supply and demand despite muted activity in key packaging sectors. Producers implemented production adjustments to address the prevailing oversupply, while steady feedstock costs provided some stability. However, weak downstream orders, alongside competitive imports from Asia, sustained a bearish undertone in the market.
Looking ahead, the European BOPP film market is expected to face continued price pressure, influenced by cautious industrial activity, ongoing inventory management, and potential shifts in regulatory frameworks targeting sustainability. Market participants are likely to adopt conservative strategies to navigate these challenges in the near term.
South America
The South American BOPP film market in Q1 2025 displayed subdued dynamics, shaped by moderate demand primarily from the packaging sector amid ongoing economic uncertainties and inflationary pressures. While the food and beverage industry maintained steady consumption levels, other downstream sectors adopted a cautious approach, limiting overall market growth. Supply conditions remained balanced throughout the quarter, supported by ample imports that ensured sufficient product availability. However, restrained procurement strategies and cautious inventory management by market participants characterized the trading environment.
In Brazil, BOPP film prices experienced a marginal increase of 0.32% from Q4 2024 to Q1 2025, averaging USD 2,508.33/MT. Price trends within the quarter were largely flat, reflecting moderate demand from packaging and food industries alongside subdued activity in other sectors. Despite competitive imports and steady domestic supply, economic caution and inflationary constraints kept broader market activity restrained.
Looking ahead, the South American BOPP film market is poised for moderate growth, driven by seasonal demand upticks and cautious restocking efforts. However, ongoing economic challenges and inflationary pressures are expected to continue influencing procurement strategies and downstream activity in the region.
