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SunSirs: The trend of China Wastepaper & Corrugated Paper is Stable, Goog Market Atmosphere
September 07 2020 11:05:50SunSirs(Selena)

According to SunSirs: the recent rise and fall of China wastepaper market prices gradually return to stable, price changes in paper mills are relatively small. On September 4, the average purchase price of waste yellow board paper market was 2,177.14 yuan / ton, which was increased by 2.85 yuan / ton or 0.13% compared with the average purchase price of waste paper at the beginning of the week (the average purchase price of waste paper was 2,174.29 yuan / ton on August 30). However, corrugated paper prices ran smoothly last week. On September 4, the average factory price of corrugated base paper was 3,325 yuan / ton, which remained stable compared with the average factory price of corrugated base paper at the beginning of the week (the average factory price of corrugated base paper on August 30 was 3,325 yuan / ton).

According to the observation of market changes, after the last slight rise in the price of waste paper in August, the price of China domestic waste yellow board paper gradually recovered to be stable. The price of domestic waste yellow board paper purchased by most paper mills was relatively stable. Some paper mills raised the purchase price of national waste slightly according to the needs, and most of the paper mills increased the price mainly in South China and East China. Since September, with the relatively good control of the epidemic situation, it has provided a strong support for the gradual recovery of the economy. In addition, the coming peak season has led to a favorable market atmosphere.

The recent corrugated base paper prices in a relatively stable situation. With the arrival of the peak season, downstream enterprises production recovery, inventory demand and other factors, the base paper market also has a certain positive trend.

According to SunSirs paper analysts, as the school season begins in September, all kinds of paper products have ushered in the traditional peak season, and then the manufacturers follow the atmosphere of price rise. It is expected that China wastepaper and corrugated paper prices will be strong in the future.

 

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