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SunSirs: Building Material, Limited and Stable Trading of Wastepaper and Corrugated Paper Market Last Week (February 3-7)
February 11 2020 10:29:26SunSirs(Selena)

According to the data from SunSirs, the price of wastepaper was stable and the average market purchase price was 2,147.14 RMB/ ton, basically the same as that before the festival, down 1.51% compared with that on January 13. At present (February 7), the average ex-factory price of corrugated paper was 3,343.33 RMB/ ton, basically the same as before the Spring Festival.

Before the Spring Festival holiday, the stock of raw materials and wastepaper in the market was completed, and the logistics was shut down one after another, and the suppliers were shut down for vacation. The domestic wastepaper price showed a small continuous decline on the eve of the Spring Festival. Before the Spring Festival (January 21), most of the paper factories and packing stations left the market, and the market trading was basically suspended. At present, the Spring Festival holiday has ended. Last week (2.3-2.7) the national wastepaper market is in a weak and stable operation. Affected by the current situation, many regional paper manufacturers are delayed to return to work, wastepaper is delayed to receive goods, and the packaging station also takes a wait-and-see attitude. The time for suppliers to return to the market has slowed down, and many of them have not returned to the market to receive goods. Although the normal operation of the packing station mostly has part of the reserve stock, due to the fact that the purchase of paper enterprises has not been restored at present, and the logistics and transportation of various places have not been fully opened, the external delivery volume is also more scarce, and the overall market delivery and investment is relatively cold, which has not been completely restored to normal.

The market price of corrugated paper has been in a weak operation since the beginning of the Spring Festival. The arrival of the Spring Festival drives the base paper to rise slightly at the end of 2019. In January 2020, the overall stock of the market has been basically completed, the fundamentals have returned to calm, and the market price has been slightly reversed. Up to now, the market of corrugated paper has been in stable operation temporarily.

SunSirs paper analysts believe that in the short term, wastepaper and corrugated paper market are expected to maintain stable operation.


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