🅿️🅱️ ➡️ *BOPP : Weekly Report & Future Trend, Wk 4 February’25* 🔘 *Company price* of Ahmedabad for BOPP TT Film of 31-50 Micron assessed at ₹123/Kg while *open bazaar* price of BOPP TT of 31-50 Micron reported at ₹122.75-123/Kg 🔹 *Bazaar Overview:* - Since the last report, companies have maintained stable pricing, with no significant increases observed. - The bazaar remains sluggish, primarily due to weakened consumer demand and an overall slowdown in economic activity. 🔹 *Current Bazaar Trends:* ▪️ *TT Grade:* - Demand for TT Grade has declined sharply, largely attributed to a drop in export sales following the conclusion of Eid-related exports by mid-February. - Major textile bazaars report weak domestic demand, impacted by ongoing MSME-related partial shutdowns and delayed purchasing post-financial year-end. - The MSME 45-day payment cycle has further strained sales, mirroring challenges observed in the previous year. ▪️ *NTT Grade:* - NTT Grade orders continue to be a strong driver of demand within the BOPP film sector. - A significant rise in NTT Grade orders has been fueled by increased activity in the woven sack industry. - Due to high order volumes in NTT Grade, lead times for lamination-grade BOPP films have been extended. 🔹 *Pricing Forecast:* *Factors Indicating a Possible Price Decline:* - Weak polymer bazaar demand, exacerbated by additional incentive schemes introduced in domestic bazaars. - Potential declines in international offers, particularly due to slowing demand from the Middle East. - TT Grade plays a crucial role in supporting large-scale production capacities, and excessive dependence on it may exert downward pressure on prices. 🔹 *Factors Supporting Price Stability:* - If the strong momentum of NTT Grade orders continues, companies may be able to sustain current pricing levels. - Businesses have maintained stable pricing by closely monitoring bazaar trends, ensuring a balanced supply-demand equation. 🔹 *Polymer Bazaar Viewpoint:* - The current polymer and poly film bazaar landscape suggests that end-user demand remains insufficient to uphold pricing stability. - This poses a challenge for companies striving to maintain price levels. Should NTT Grade order flow weaken, a downward price trend could emerge. - Furthermore, over-reliance on NTT Grade could lead to oversupply, resulting in inevitable price corrections. - We strongly recommend that bazaar participants adopt a need-based procurement strategy while focusing on liquidating excess stock. - As demand softens, a sharp price decline remains a looming possibility. - Businesses should thoroughly analyze bazaar dynamics before making inventory decisions. https://chat.whatsapp.com/BZkcf5UxrR02rPndzQx4qB