According to the monitoring of the Commodity Market Analysis System of SunSirs, the price of corrugated paper has still slightly decreased this week. On July 3, 2025, the average ex factory price of 140g corrugated paper was 2,560 RMB/ton, a decrease of 0.39% compared to the average price on June 29.

In terms of upstream raw materials: This week, the price of waste paper in Zhejiang region has been weak and declining, with domestic paper mills experiencing mixed fluctuations in waste paper prices. On July 3, 2025, the average purchase price of A-grade yellow cardboard in Zhejiang region was 1,492 RMB/ton, a decrease of 0.53% compared to the average price on June 29. Recently, many regions in China have been affected by rainy weather, and the shipment of waste paper from packaging stations has been relatively active, resulting in a continuous increase in the amount of waste paper received by paper mills. Therefore, some paper mills have been affected by the increase in waste paper inventory, and the price of waste paper has been lowered.

On the supply side: Currently, production enterprises have stable equipment operation, and the inventory of corrugated paper industry continues to operate at a high level. Therefore, some paper mills may adopt a strategy of reducing prices to reduce inventory in order to alleviate the pressure of inventory increase. In addition, the profitability of the industry continues to be under pressure, and some paper mills have incurred losses, which may lead to a decrease in their enthusiasm for starting production.

In terms of demand, the corrugated paper market remained in the traditional off-season for consumption in July, with insufficient domestic demand support. The policies of trade in and export competition gradually came to an end, resulting in weak market demand performance. As the expiration date of the 90 day tariffs between China and the United States approaches, the uncertainty of external demand orders has increased, further dragging down demand orders.

The paper analyst of SunSirs believes that the current corrugated paper market is still dominated by strong supply and weak demand, and the support of cost for paper prices is limited. As the weekend approaches, leading paper mills have issued a wave of price increase letters, which have provided some support for corrugated paper prices. It is expected that corrugated paper prices will continue to operate under pressure in the short term.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.