SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Corrugated Paper Prices Dropped on April 21, 2022

April 22 2022 13:42:05     SunSirs (John)

Price

On April 21, the price of 140g corrugated paper was 3,776 RMB/ton.

Analysis review

On April 21, the price of corrugated paper decreased. Due to the continuous epidemic situation in the country, the market transportation resistance still existed, which led to the high price of corrugated paper in the early stage. Recently, the purchase of downstream paper packaging companies has declined, and some paper mills have lowered the price of corrugated paper to increase shipments.

Market outlook

At present, downstream paper packaging companies are mostly wait-and-see, and the freight cost is still high. The market is mainly based on just-needed purchases. It is expected that the short-term domestic corrugated paper prices is mainly volatile and sorted.

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