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SunSirs: White Cardboard Rose slightly, White Board was Stable in China
September 16 2022 09:40:16SunSirs(Selena)

According to the data monitoring of SunSirs, this week, the price of white cardboard has risen slightly, while the price of white board has remained stable. On September 15, the average market price of white cardboard 230g-400g was 5,646.67 RMB/ ton, an increase of 0.12% compared with the average price at the beginning of the week (5,646 RMB/ ton on September 11). On September 15, the average market price of 250g white board paper was 4,449 RMB/ ton, which remained stable compared with the average price at the beginning of the week (the average market price on September 11 was 4,449 RMB/ ton).

From the observation of market changes, although the price of white cardboard has risen slightly this week, the market price is still chaotic, and downstream end users are holding a wait-and-see attitude. Due to the continuous release of new production capacity of white cardboard, the market supply and demand are in a state of imbalance. As the price of wood pulp continues to rise, the cost of white cardboard has risen, and the price has been raised slightly to ease the cost pressure.

However, the price of whiteboard paper has returned to a stable level, the market trading is average, and some paper mills have high inventories. In the case of weak terminal demand, the mentality of dealers and downstream stockpiling is still cautious, and most industry players lack confidence in the market outlook.

SunSirs paper analyst believes that the current trend of the white cardboard market is still weak, and it is running upwards with shocks, but it is still necessary to wait and see due to the constraints of heavy supply. However, due to the conversion of some paper mills to paper products, the partial supply of whiteboard paper may be reduced, and the contradiction between supply and demand in the market may be eased in China.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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