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SunSirs: Viewpoint on Wood Pulp Up and Down
October 12 2019 13:35:42SunSirs(Selena)

Latest price: Softwood pulp: 4,575 RMB/ton, hardwood pulp: 3,937.5 RMB/ton

Main points of view: After the National holidays, the spot market price of wood pulp declined slightly, and the price declined mainly due to the continuous decline of wood pulp futures prices at the end of September. According to media reports, the recent strike in Chile may lead to the stagnation of pulp mill production, which makes futures prices start to rise, and the enthusiasm of inquiries in downstream paper mills has increased, but the overall volume of trading has not yet been significantly released.

Market forecast: after the holidays, downstream paper companies continue to issue price increases, traders mostly smooth shipments, it is expected that the price of short-term spot wood pulp will still be dominated by small fluctuations.

 

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