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SunSirs: White Cardboard and Whiteboard are Both Up and Running steadily in the Short Term
November 10 2023 10:04:46SunSirs(Selena)

According to the monitoring of the Commodity Market Analysis System of SunSirs, both white cardboard and gray board paper showed an upward trend at the beginning of the month. On November 9th, the average market price of 230g-400g white cardboard was 5,206.67 RMB/ton, an increase of 1.96% compared to the average market price of 5,106.67 RMB/ton on November 1st. On November 9th, the average market price of 250g gray base white board paper was 4,165.67 RMB/ton, which is 0.81% higher than the average market price of 4,132.33 RMB/ton on November 1st.

By observing market changes, it can be seen that the prices of white cardboard continue to rise in November, and white cardboard scale enterprises have successively issued price increase notices for November. On the supply side, white cardboard enterprises are producing well, and their new production capacity is constantly increasing. On the demand side, the continuity of orders in the white cardboard market is good, with faster shipments from paper mills, overall inventory declining to low levels, and strong confidence in price increases. Stacked with a slight rebound in export volume, the paper mill's production capacity has been squeezed, and the ordering of ordinary white cardboard continues to be tight, so white cardboard maintains an upward trend.

The price of gray based white board paper has recently slightly increased. After the end of traditional Mid Autumn Festival orders, market demand has entered a phased off-season, and the weakening of orders has a direct impact on traders, with a certain lag in the impact on paper mills. Therefore, prices are mostly stable. With the rising price of white cardboard and the continuous high cost of raw materials, the price of white cardboard is under pressure and rising.

SunSirs paper analysts believe that there is currently little pressure on white cardboard and gray based white board to receive orders, inventory remains low, and raw material costs remain relatively high. The industry's profitability is poor, and the attitude of paper mills towards the market remains unchanged. Affected by the demand side, businesses tend to have a cautious wait-and-see attitude towards the future market, and it is expected that the prices of white cardboard and gray board will remain strong in the short term.


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