On December 25th, SunSirs reported that inventory levels continued to show a trend of destocking this cycle, and sample port inventory has been destocking for five consecutive weeks. As of December 25, 2025, the sample inventory of mainstream pulp ports in China was 1.906 million tons, a decrease of 4.4% compared to the previous period's destocking of 87,000 tons.

The article shows that the inventory of pulp ports in China has been decreasing for five consecutive weeks. As of December 25, 2025, the inventory was 1.906 million tons, a decrease of 4.4% compared to the previous period, with a destocking of 87,000 tons. This indicates that the continuous tight supply and strong demand are significantly favorable for the spot price of pulp, which may drive up the spot price. Based on pulp futures data, the recent performance of the 2605 contract (closing price of 5,620 RMB/ton, up and down +32) has risen, and the trend of inventory reduction may further strengthen the bullish sentiment in futures, supporting price increases.

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