Commodity name: wood pulp

Latest price: softwood pulp: 4,482.50 RMB/ton, hardwood pulp: 3,782.50 RMB/ton

Key points: Recently, the price of pulp futures has fallen continuously, and today's price has fallen below 4,500 RMB/ton. At present, wood pulp spot is relatively weak, although the price fluctuation is not very large, but the downstream is basically based on rigid demand. In addition, the demand for softwood pulp is relatively compressed due to the increase of hardwood pulp consumption. Recently, the issuance of the letter of price increase of the downstream paper products has made the spot price of wood pulp still firm.

Market forecast: at present, the pulp price has fallen near the production cost price. With the release of spot discount to futures, the falling space may be limited, and it is expected that the short-term wood pulp price will fluctuate slightly.

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