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SunSirs: Corrugated Paper Prices Continued to Decline on March 9, 2022
March 10 2022 13:31:14SunSirs(John)


The price of 140g corrugated paper was 3,700 RMB/ton on March 9.

Analysis review

On the 9th, the price of corrugated paper continued to decrease. In order to stimulate shipments, paper mills continued to implement preferential or profit-cutting policies. Due to the off-season of the industry and the impact of sluggish demand, paper mills have begun to arrange shutdowns for maintenance.

The base paper inventory of downstream packaging enterprises was in a state of decline, and the inventory was replenished in an appropriate amount under the preferential policy.

Market outlook

Affected by the recent off-season of the industry, repeated epidemics, and the complex and changeable macro environment at home and abroad, it is difficult for downstream terminal demand to fully recover, and the market's desire to purchase goods is not strong. It is expected that the price of corrugated paper will continue to fluctuate weakly in the short term.

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