SunSirs: The demand of China Wood Pulp is flat and the Price is Hard to Rise

According to the monitoring of SunSirs, as of July 10, the market price of softwood pulp was 4,350.00 RMB/ ton, and that of hardwood pulp was 3,530.00 RMB/ ton. At present, the domestic pulp market is stable, the market is not well sold, and the demand is insufficient. According to the actual situation, there is no obvious change in the price.

Last week, China domestic wood pulp market was stable. At present, the reference quotation range of softwood pulp is: Yinxing 4,350-4,400 RMB/ ton, the softwood pulp is not well sold, and the hardwood pulp price range is 3,600-3,700 RMB/ ton. The trend of hardwood pulp is weak. The dealers hold a wait-and-see attitude and operate under pressure. July is still the traditional off-season, with general downstream demand, slow delivery and limited cost support. The demand for paper is limited, the inventory is sufficient, and the consumption is slow. The domestic import volume is still high, which makes the market difficult to digest. At present, the market price is close to the cost line, and there is no obvious improvement in the short term.

Hardwood pulp: the hardwood pulp commodity index on July 9 was 76.74, flat with the previous day, setting a new low in the cycle, which was 44.33% lower than the highest point of 137.86 on November 13, 2017. (Note: cycle refers to 2012-11-30 to now)

Softwood pulp: the softwood pulp commodity index on July 9 was 89.54, flat with the previous day, setting a new low in the cycle, which was 41.13% lower than the peak of 152.11 on November 08, 2017. (Note: period refers to 2013-09-01 to now)

Wood pulp analysts believe that, in the short term, wood pulp market stable operation, continue to pay attention to market demand. (The above prices are provided by major wood pulp manufacturers all over the country and analyzed by SunSirs wood pulp analysts for reference only. Please contact relevant manufacturers for more price details.)

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