Optimism for BOPP Film market in face of Covid-19 supply side turbulence
15 June 2020
The BOPP film industry is facing a number of challenges creating significant trading turbulence; resin price fluctuations, trade tariffs, trade barriers and currency shocks all affect working capital and business planning. Companies are acting more cautiously than in previous years in the face of this economic turbulence and financial risk. The Covid-19 pandemic has exacerbated this, with disruption to raw materials supply and distribution logistics.
Even with this multitude of factors being present, the BOPP film industry has seen an improvement in margins overall since its low point of two years ago thanks to a reduction in overcapacity and more favourable raw materials prices.
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