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SunSirs: The White Cardboard and White Board Ran in the Opposite Direction with Short Term Shock in China in November
November 30 2022 10:32:44SunSirs(Selena)

According to data monitoring of SunSirs: In November 2022, the market price of white cardboard and white board showed a state of rise and fall. As of November 28, the average price of the domestic 230G-400G market in China was 5,480 RMB/ ton, a decrease of 5.19%compared with the average market price of 5,780 RMB/ ton on November 1. On November 28, the average domestic price of the domestic 250G market was 4,632.33 RMB/ ton, which was 0.72%compared with the average market price of 4,599 RMB/ ton on November 1.

From the perspective of the changes in the market, the prices of card paper in early November have surged down. From the perspective of the industry statistics of white cardboard companies, individual paper factories in some areas are stopped and the pressure of local original paper production and sales is suspended, but the production of peripheral paper mills remains normal. As for the rise in the price of white cardboard in the early stage, the market implementation has performed poorly. Therefore, in order to increase shipments, some paper factories have loosened and declined. Subsequently, Dongguan Nine Dragons have been transferred to white cardboard, and Chongqing Nine Dragons plans to transfer production, which will increase 1 million tons of production capacity. The market for white cardboard has increased, and the inventory of paper mills has risen, but the downstream demand has not yet appeared. Therefore, the price of some paper factories has lowered the price of white cardboard to alleviate inventory pressure.

In mid-late November, the price of white cardboard was stable, the overall supply of the market increased, and the pressure on the inventory of traders, coupled with the light domestic downstream demand, the market was basically in a state of just being purchased. However, the market export orders have increased well, and the pressure on domestic paper mills is not large for the time being, which has a relief effect on the inventory of paper mills. The price of white cardboard at the end of the month still has a slight visit, mostly to reduce inventory and increase shipments.

From the perspective of the changes in the market, the price of white board in early November showed a steady rise. As the price of white board continued to rise in the early stage, the market temporarily attributed the market to the state of implementing prices. Subsequently, Dongguan Nine Dragons Chongqing Nine Dragons planned white cardboard, which reduced the capacity of whiteboards. At the same time, the price of raw materials increased, and it supported the price of white board. After the market price has gradually improved and the price increase atmosphere is formed, prices have risen.

In mid-late November, the price of white board runs steadily, and the market is mostly in the state of digestive price increase. With the gradual decrease in the output of white board, the pressure on the inventory of paper factories has decreased, which has supported the price of white board. Near the end of the month, domestic white waste paper prices continued to rise, which indirectly led to tentative increase in the price of white board. However, the downstream demand is still slightly weak, the paper factories have a strong intention to stabilize the price, and the price is still in a single talk.

SunSirs analysts believe that due to the continuous domestic epidemic and strict market transport control, the performance of the promotion activities at the end of the year is not well performed, and the performance of downstream paper bag companies is not as good as expected. Therefore, the demand for white cards and white board is relatively weak. However, under the favorable support of export orders, the prices of short term white cardboard and white board are expected to remain shocking in China.

 

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