Pulp SP2701: Fluctuating around 4,626 RMB/ton In Shandong, the spot price for coniferous pulp (e.g., "Silver Star" brand) is approximately 4,825 RMB/ton, while Russian coniferous pulp

Macroeconomics 1. [PPI] National Bureau of Statistics: In October 2026, China’s producer price index (PPI) for manufactured goods rose by 5.7% year-on-year and 0.7% month-on-month. The

According to the SunSirs commodity market analysis system, wood pulp prices experienced an initial decline followed by a recovery last week, remaining within a narrow

According to the SunSirs commodity market analysis system, wood pulp prices trended downward overall in October. Softwood pulp performed weaker than hardwood pulp, with the

Macroeconomics 1. [Export Quotas] On October 29, 2026, the Ministry of Commerce officially announced the total export quotas for goods for 2027, along with the accompanying

Macroeconomics 1. [Federal Reserve Interest Rates] The Federal Reserve announced that it would maintain the target range for the federal funds rate at 3.75% to 4%,

By 2026, pulp suppliers in North America and Europe—exemplified by companies like Domtar—are accelerating adjustments to their market pulp supply, particularly for Northern Bleached Softwood

According to the SunSirs commodity market analysis system, wood pulp prices experienced a weak, narrow-range fluctuation last week, with no significant upward or downward trends.

Macroeconomics 1. [EV Charging Infrastructure] Data from the National Energy Administration shows that, as of the end of September, the total number of electric vehicle (EV)

According to the SunSirs commodity market analysis system, wood pulp prices saw minimal fluctuation last week, with actual transaction prices largely determined through individual negotiations.

International Pulp Spot Market Canada’s Howe Sound pulp mill is expected to restart later this month; a tentative agreement has been reached with the union, pending

According to the SunSirs commodity market analysis system, wood pulp prices have generally fluctuated within a narrow range following the holiday; softwood pulp has trended

According to the SunSirs commodity market analysis system, wood pulp prices fluctuated with a generally upward bias within a specific range in September. As of

On the international supply side, several major overseas pulp mills are undergoing maintenance or production halts, fueling expectations of future production cuts for softwood pulp.

The domestic spot market for imported wood pulp is showing divergent trends: prices for softwood pulp and hardwood pulp are weak, while prices for unbleached

According to the SunSirs commodity market analysis system, wood pulp prices generally fluctuated at high levels last week, with softwood pulp showing greater volatility than

I. Core Reasons for the Divergence Logic Behind Rising Pulp Prices (Global Supply Expectations) Concentrated maintenance and production halts at overseas pulp mills have contracted the global

Macroeconomics 1. [US CPI] US CPI rose 3.4% year-on-year in August (matching the estimate and the previous reading) and 0.4% month-on-month (matching the expectation). Core CPI

Macroeconomics 1. [Reverse Repo] The central bank announced that, to better align with the banking system's short-term liquidity needs, the People's Bank of China will conduct