Price

On April 6, the purchase price of waste paper in Zhejiang was 2,446 RMB/ton.

Analysis review

Recently, the price of domestic waste paper has continued to rise, and some paper mills in Zhejiang have continued to increase for several days. At present, due to the impact of the epidemic in China, market transportation is still hindered, which makes it difficult for packing stations to deliver goods, and the arrival of waste paper from paper mills is low. In order to increase the arrival of waste paper, paper mills continue to increase the purchase price of waste paper.

The nickel price dragged the cobalt price up, and the cobalt price rose too fast in the early stage, and the risk of downside still exists in the future.

Market outlook

At present, the demand for waste paper from paper mills is still high, and it is expected that the price of waste paper will continue to be strong in the short term.

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