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As for downstream BOPP film, its price had been uplifted, but the profit did not improve. At the same time, orders for film had reduced, and only small lot deals were reached in traditional slack season. Other plants maintained high offers but orders were limited. There were more temporary shutdown.
Since the beginning of June, PP futures and spot prices have rebounded significantly. The futures contract for Sep 2019 increased to limit high even, rising greatly by 15% from 7,811yuan/mt to 8,994yuan/mt, and then began to fall largely and kept wide fluctuations. At the same time, the open interes
