SunSirs--China Commodity Data Group

Language

日本語

한국어

русский

deutsch

français

español

Português

عربي

türk

中文

Sign In

Join Now

Contact Us

Home > Corrugated paper Wastepaper News > News Detail
Corrugated paper Wastepaper News

SunSirs: China Wastepaper and Corrugated Paper Remain Weak and Stable, with Short-term Shock Finishing

May 21 2024 10:43:10SunSirs(Selena)

According to the monitoring of the commodity market analysis system of the business club, the price of waste paper in Zhejiang Province was stable last week and slightly lowered near the weekend. On May 17, the average purchase price of grade a waste yellow paperboard in Zhejiang was 1,474 RMB / ton, which was 0.27% lower than the average price of 1,478 RMB / ton on May 12. The price of corrugated paper ran smoothly. The average ex factory price of 140g corrugated base paper on May 17 was 2,662 RMB / ton, which remained stable compared with the average price on May 12.

According to the observation of market changes, the price of wastepaper in Zhejiang fell slightly last week, and the price changes of wastepaper in other parts of China also slowed down relatively. At present, as the temperature rises, fast-moving consumer goods such as beverages usher in the peak consumption season, resulting in the increase of waste paper recycling. In addition, some paper mills have entered the shutdown and maintenance state, which makes the waste paper inventory of paper mills relatively high, and the purchase interest of paper mills is low. Some paper mills appropriately reduce the purchase price of waste yellow paperboard according to their own supply and demand, and the price is slightly reduced.

The price of corrugated base paper has entered a stable operation. On the supply side, due to the weak market, the enthusiasm of paper mills for production has been reduced, the shutdown and maintenance actions have increased, and the operating load rate and output of the corrugated paper industry have been reduced. From the perspective of end-user consumption, the market has not changed significantly yet. Some downstream packaging plants replenished stock appropriately during the May Day preferential period. After the replenishment of stock by downstream packaging plants, the enthusiasm of base paper procurement has been reduced, and the overall delivery is not warm.

The price of gray bottom whiteboard declined slightly. The average market price of 250g gray bottom whiteboard on May 17 was 3,749 RMB / ton, a decrease of 0.88% compared with the average market price on May 12. At present, the whiteboard market continues to decline, and the market trading is still light. May is in the off-season of traditional consumption in the market. The volume of terminal orders is insufficient. Most dealers have no intention to stock goods, and the downstream purchase is mainly on demand. Therefore, the shipment of paper mills slows down, and the inventory pressure continues to increase. At present, the market demand may not improve in the short term, and the market profit is weak. Therefore, the paper mill mainly controls the production and stabilizes the market, and it is more cautious to continue to reduce the paper price.

According to the paper analysts of the SunSirs, recently, the waste paper market has mainly adjusted its own price according to demand, but the inventory of the packaging station has risen, and the market shipment may be more positive. The mainstream of the corrugated paper market is stable, and there may be downward pressure locally. With the gradual resumption of production of the paper mill, the spot supply will increase, but there is no obvious increase in the demand side, which will lead to the gap between supply and demand or gradually increase. It is expected that the short-term price of waste paper and corrugated paper will be temporarily volatile.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products