According to the data monitoring of SunSirs: in June 2021, the price of wastepaper fluctuated upward, and it was slightly lower near the end of June. As of June 30, the average purchase price of grade a waste yellow board was 2,496.43 RMB/ ton, which was 104.29 RMB/ ton higher than that at the beginning of June (2,392.14 RMB/ ton on June 1), up 4.36%. As of June 30, the average reference ex-factory price of 140g corrugated base paper was 3,650 RMB/ ton (tax included), which was 25 RMB/ ton higher than that at the beginning of the month (3,625 RMB/ ton on June 1), up 0.69%.
At the beginning of June, the price of waste paper was slightly flat, but the rise of waste paper price reappeared in the first weekend after that. All paper enterprises increased the purchase price of waste paper in varying degrees, and then the price continued to rise steadily. In the middle of June, the price of domestic waste yellow paperboard was adjusted by a relatively large margin every week at the weekend. The extension of 618 e-commerce activities also stimulated the market consumption, which made the market demand for finished paper rise in the short term, and also led to the rise of domestic waste price of raw materials. Then near the end of the month, waste paper prices bid farewell to the continuous rise on the 24th, and East China took the lead in falling. According to a few days of observation at the end of the month, most of the leading paper enterprises are dominated by white waste reduction, while the price of yellow waste is temporarily stable.
Since June, the price of corrugated base paper has been in a stable operation, and the corrugated market is strong in the South and weak in the north, with a strong wait-and-see atmosphere in the market. Near the middle of June, with Jiulong multi base announced to increase the price of base paper, small and medium-sized paper mills limited follow-up, leading to a narrow price increase. And the rise of raw material waste paper, also slightly led to the price of corrugated. However, due to the lack of terminal demand, there are not many new orders in the downstream market, so there is no large-scale price increase in the paper market. In late June, affected by the epidemic situation and shipment, the price of South China market decreased slightly, and other markets maintained stable operation.
SunSirs paper analysts believe that the current wastepaper market shows a downward trend, but the leading paper enterprises have not adjusted the price of waste yellow board for the time being, so the price of waste yellow board in China is at a relatively high level for the time being. The price of corrugated paper has been running steadily in the near future, and there is no rising or falling trend in the short term. It is expected that the price of wastepaper and corrugated cardboard may fluctuate slightly in the short term in China.
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