SunSirs: Building Material, Views on the Rise and Fall of Wood Pulp on December 4
December 04 2019 17:44:27 SunSirs (Selena)
Commodity name: Wood Pulp
Latest price: softwood pulp: 4,437.50 RMB/ton, hardwood pulp: 3,757.50 RMB/ton
Key points: in December, pulp futures prices are still in low volatility, and the supply pressure has not been alleviated obviously. Although the downstream paper mills continue to raise price and their profits are high, the efforts to bargain are not good. With the decrease of futures price, the spot price is driven down. In addition, the end of the year is coming. In order to collect funds and control risks, traders sometimes have low price shipments.
Market forecast: at present, the domestic port spot market is still under pressure, and the price has declined. It is expected that the short-term spot wood pulp price will be dominated by weak consolidation.
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