Market data analysis of stretch film price in china in 2018

Market data analysis of stretch film price in china in 2018

With its excellent toughness, transparency and gloss, stretch film has been used in food packaging, chemical product packaging, medicine and medical equipment packaging, mechanical and electronic products packaging, etc. Stretch film, polyolefin shrink film and BOPA film are the three main plastic packaging materials.

Bidirectional stretch lldpe pallet stretch film is called stretch film for short. The main raw material of production is polycaprolactam (nylon 6). Now stretch film used in the production of a variety of composite packaging materials, excellent toughness and durability sex, and the smell of good transparency and gloss, excellent barrier property, excellent oil resistance, heat resistance is strong, fine properties such as non-toxic harmless. To reduce production costs and meet environmental protection requirements, PDVC film, EVOH film and other high barrier packaging materials are gradually replaced by stretch film.

Food packaging is the main downstream demand for stretch film

China's stretch film industry has grown steadily. With the rising of the national standard of living, food, medicine, agriculture and other areas of plastic stretch film of the demand is higher and higher, plastic packaging materials are high performance, multi-function direction development, environment protection, etc. Traditionally, 70% of China's plastic stretch film is used as packaging material, while the plastic stretch film accounts for 46% of the total plastic packaging material. From 2010 to 2016, China's plastic film production increased from 7.99 million tons to 14.19 million tons, increasing by 10% annually. At present, the single-layer polymer film can not meet the requirement of multi-function. The multi-layer composite film with different plastic materials has become the development trend of plastic products in the future. As the upstream material of multilayer composite film, stretch film has broad development prospects and is expected to maintain a growth rate of 10% in the next five years.

China's plastic film production and year-on-year growth

Apparent consumption of stretch film is increasing. According to the data, the apparent consumption of BOPA in 2017 was 77,000 tons, up 6% year on year. After 2012, apparent consumption is growing again.

The export volume of stretch film is also on the rise, reaching 20,000 tons in 2016, with a year-on-year growth rate of 5%.

The production capacity growth of stretch film slowed down and the industry start-up rate recovered. The production process of stretch film is synchronous and asynchronous. The synchrosis process is complex, the product structure is even, the quality is better, applies in the middle and high end market; Asynchronous film technology is simple, suitable for low - and middle - end market. China has more than a dozen manufacturers of stretch film, most of them asynchronous law, facing the low-end market, in a state of oversupply. , with obvious competitive advantages. Supply and demand for high-end products are tightening. Since 2011, China's BOPA production capacity has climbed from 96,000 tons to 120,000 tons in 2017, with a compound annual growth rate of 4.1%. The production of BOPA increased from 80 thousand tons in 2013 to 87 thousand tons in 2017. Especially in 2017, the production of stretch film increased rapidly due to the increase of product prices and the recovery of the industry start-up rate. There are no new production enterprises in the short term.

Stretch film price is up

Stretch film price rises, gross profit rebound. Since the end of 2016, stretch film price has been rising all the way, reaching 12,000 yuan/ton from 10,000 yuan/ton platform area. On the one hand, the price increase is due to a lack of supply caused by the closure of 4,500 tonnes of synchronic capacity of uniji (China), an industry benchmark. On the other hand, since its peak in early 2011, stretch film price has been declining, and small production capacity in the industry has been difficult to make profits and has been withdrawn. However, the production technology of stretch film price is difficult and there is no new production capacity in the short term industry. Prices of key raw materials are also rising. All these factors work together to make stretch film price increase greatly in a short time.