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SunSirs: White Cardboard Maintains Stability and White Board Goes Downward, and Runs smoothly in the Short term
February 07 2024 10:36:38SunSirs(Selena)

According to the monitoring of the commodity market analysis system of SunSirs, the price of white cardboard remained stable this week, while the price of gray background white cardboard slightly declined. On February 6th, the average market price of 230g-400g white cardboard was 5,206.47 RMB/ton, which remained stable compared to the average market price on February 1st. On February 6th, the average market price of 250g gray background whiteboard paper was 3,999 RMB/ton, a decrease of 0.83% compared to the average market price of 4,032.33 RMB/ton on February 1st.

By observing market changes, it can be seen that the price of white cardboard continues to operate steadily. In the last week before the Spring Festival holiday, market transactions have basically been suspended, and market quotations are mainly stable. Downstream markets have basically stopped purchasing and entered the holiday stage. In addition, the weather and logistics are affected by the Spring Festival, and there are almost no transactions in the market.

The price of gray background whiteboard paper has slightly decreased. According to the shutdown and maintenance plan announced by the paper mill, large-scale paper mills have started shutdown and maintenance more than February, and some small and medium-sized factories have gradually shut down for maintenance in January. There is not much room to alleviate market supply pressure. As the holiday approaches, Spring Festival orders are gradually entering the final stage, and dealers still have no intention of replenishing inventory, mainly focusing on clearing inventory, resulting in insufficient market demand. Some traders are still lowering prices and increasing shipments.

The paper analyst from SunSirs believes that the improvement of the current market supply-demand contradiction pattern is limited, and the market is not supported by favorable factors. The market operation is weak, and it is expected that the short-term white cardboard and gray background white board markets will mostly be stable.


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