Commodity Name: Wood Pulp

Latest price: Softwood: 4,607.5 RMB/ton, hardwood pulp: 3,962.5 RMB/ton

Main points of analysis: Since September, The spot price of wood pulp is affected by market demand, and there is no big fluctuation. At present, domestic port pulp stock is still at a high level, and the devaluation of RMB will reduce domestic imports in the future. In addition, in the peak demand season, the market as a whole tends to perform well, the pulp inventory rhythm may improve.

Market forecast: Driven by the gradual improvement of downstream demand and the successive implementation of external price increases, it is expected that the pulp market will show signs of improvement in the future, and maintain strong shocks in the short term.