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SunSirs: Wastepaper Price Rises & Corrugated Paper Price is Stable, the Market is Stable with Small Fluctuation in the Short Term
June 28 2021 14:23:47SunSirs(Selena)

According to the data monitoring of SunSirs: in late June, the price of wastepaper showed a steady upward trend, and the price rising range basically appeared at the beginning of the week. On June 25, the average purchase price of waste yellow paperboard Market was 2,505 RMB/ ton, which increased by 65.71 RMB/ ton or 2.69% compared with the average purchase price of wastepaper in the middle of June (2,439.29 RMB/ ton on June 14). The price of corrugated paper continued to remain stable in the middle of the month. The average price of 140g corrugated base paper was 3,650 RMB/ ton on June 25, which was stable compared with the average price of 140g corrugated base paper in the middle of the month (3,650 RMB/ ton on June 14).

In terms of the price of corrugated base paper, the price in late June has been in a relatively stable state. Although large manufacturers have actively raised the price of base paper, small and medium-sized manufacturers have not followed suit. At present, the market in the north and the South shows a trend of differentiation. The market demand in the north is relatively good, and the inventory situation is slightly low. Affected by the epidemic situation and shipment, the price in the South China market is slightly reduced, and the market in other regions maintains stable operation. In addition, the overall demand of the downstream is weak, and the willingness of trading is not good. The inventory pressure of paper enterprises may increase, and the short-term price will continue to fluctuate.

SunSirs paper analysts believe that the current wastepaper market to show a downward trend. The price of corrugated paper may also be affected by the price reduction of raw materials and waste paper. It is expected that the overall price of wastepaper and corrugated paper may fluctuate slightly in the short term in China.

 

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