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SunSirs: Building Material, The Price of Wastepaper & Corrugated Paper is Expected to Maintain Stable Operation in the Short Term

January 06 2020 18:24:33     SunSirs (Selena)

According to the data monitoring of SunSirs, last week (12.30-1.4), the price of waste yellow board paper and the price of corrugated paper both showed a stable trend. On January 4, the average purchase price of waste yellow board paper was 2,171.43 RMB/ ton, which was the same as that at the beginning of the week. On January 4, the average ex-factory price of corrugated base paper was 3,460 RMB/ ton, which was the same as that at the beginning of the week.

According to the observation of market changes, last week's price of waste yellow board paper and that of corrugated base paper showed a stable trend. In 2020, New Year’s Day was only a day off, which had not had a great impact on the market demand of paper products. Due to last week's transition from the end of 2019 to the beginning of 2020, the demand and sales of each paper mill were in a stable state. In terms of waste paper, due to the approaching of New Year’s Day, paper mills in some regions began to issue notice of shutdown, overhaul and holiday, which led to the decrease of waste paper demand and the phenomenon of a small decline or the shutdown of waste paper collection. The space for the price increase of national waste yellow board paper had been limited.

Last week, the price of corrugating base paper was still stable, and the early rising heat gradually returned to cooling. The arrival of the new year ahead of schedule had a certain impact on market demand.

SunSirs’ paper analysts believe that from the current situation, the momentum of the price rise of waste paper and base paper is slightly insufficient, and it is expected that the price of waste paper will be relatively stable at a low level. The price of corrugated base paper will also remain stable, and there may be no upward trend before the Spring Festival.

 

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