Daily Review: Adhesive Tape Jumbo Roll Market Shows Steady Trend, Prices Remain Stable

Market Overview: On December 11th, the tape jumbo roll market price experienced limited fluctuations today, with the average price of 50μ tape jumbo rolls at 7,625 yuan/ton, remaining unchanged from the previous working day. The mainstream price range for 50μ tape jumbo rolls in the East China market is between 7,500-7,800 yuan/ton. The tape jumbo roll market has not shown any significant changes, and prices are running steadily. The price of the raw material butyl acrylate has slightly decreased, and film prices remain weak and stable, leading to a loosening of cost support. The spot supply in the market is ample, while downstream replenishment expectations are relatively weak, resulting in an overall subdued trading atmosphere.

Market Forecast: There is an expectation for raw materials to weaken, potentially leading to decreased cost support. Industry operations are not expected to fluctuate significantly, with production largely based on sales to alleviate inventory pressure. On the demand side, small orders for replenishment are predominant. It is anticipated that the domestic market for tape jumbo rolls might have a weaker atmosphere in the next working day, with prices for 50μ tape jumbo rolls fluctuating between 7450-7800 yuan/ton.