Analysis of the situation in the plastic weaving industry in July

In July, the “perfect” end was achieved, and overall, the plastic weaving market is in a weak consolidation situation. As of July 31st, the mainstream price of woven bags was 9700 yuan/ton, a year-on-year increase of -14.16%. Due to the phenomenon of hoarding high priced goods in the early stage, resulting in low profits, plastic weaving factories are slightly cautious in purchasing. They mainly purchase more goods than three just in need, and the inventory of raw materials is low. The industry’s off-season model may be characterized by weak terminal demand, limited new orders, and insufficient confidence among operators. The phenomenon of device load reduction parking has increased, the overall load has slightly decreased, and the market trading atmosphere is light.