SunSirs: China Wastepaper Prices continue to Decline on November 22
November 23 2021 14:10:32 SunSirs (Selena)
Price: the purchase price of wastepaper in Zhejiang is 2,393.33 RMB/ ton
Over last weekend, the scope of the decline in the purchase price of wastepaper expanded again. With the decline in the price of wastepaper in the four Shanying bases, manufacturers in East and central China fell one after another, and Quanzhou and Taicang Jiulong bases also fell. At present, the decline continues to spread northward. Some paper enterprises adjust the price twice a day, aggravating the panic of the market.
At present, the demand for wastepaper in the paper mill is relatively sufficient. The amount of wastepaper in the e-commerce market increases after the festival, and the supply exceeds the demand. It is expected that the short-term wastepaper price in China may continue to be partially sorted out.
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