According to the monitoring of the commodity market analysis system of SunSirs: the price of corrugated paper remained stable after the May Day holiday. The average ex-factory price of 140g corrugated base paper on June 5, 2025 was 2,650 RMB/ton, which remained stable compared with the average price on June 1.

In terms of upstream raw materials: this week, the price of waste paper in Zhejiang Province increased slightly, and the price of waste paper in domestic paper mills remained stable with small fluctuations. On June 5, 2025, the average purchase price of grade A waste yellow board paper in Zhejiang Province was 1,522 RMB/ton, which was 0.26% higher than the average price on June 1. After the Dragon Boat Festival holiday, paper mills continued to operate, and the inventory of waste paper decreased slightly. In order to fill the inventory of waste paper, some paper mills raised the price of waste paper to increase the arrival of waste paper.

In terms of supply: After the Dragon Boat Festival, paper mills operated stably. With the improvement of the export market, the inventory of corrugated paper in paper mills decreased. In addition, the raw material waste paper still had a strong trend, which formed a favorable support for market prices. However, under the state of supply and demand game, the price of corrugated paper has returned to stability.

Demand: After the holiday, the demand for corrugated paper market has slowed down slightly, and the market bullish sentiment has cooled down slightly. Due to the rapid increase in the previous period, there may be a short-term correction. Before the holiday, many paper companies issued price increase letters. The current market is mostly digesting the implementation of price increases, and the market is in a wait-and-see mood.

Paper analysts at SunSirs believe that the current supply and demand game in the corrugated paper market continues. In the short term, affected by the export market, demand has increased, but the domestic market demand is still relatively weak. It is expected that the price of corrugated paper will remain stable in the short term.

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