SunSirs: The White Cardboard Was Stable, and the White Board Was Lower, Mainly Stable in the Short Term

Price trend

According to the data monitoring of SunSirs, the price of white cardboard remained stable this week, while the price of white board with gray background was reduced. The average market price of 230g-400g white cardboard on March 9 was 5,280 RMB/ton, which remained stable compared with the average market price of 5,280 RMB/ton on March 5. On March 9, the average market price of 250g gray base white board paper was 4,479 RMB/ton, down 1.1% from the average market price of 4,529 RMB/ton on March 5.              

Analysis review

According to the observation of market changes, the market price of white cardboard remained stable this week. In the early stage, individual paper mills were limited by the impact of high raw material costs, and the price was slightly raised tentatively, but the market response was poor, the acceptance of end users was general, and the actual market transactions were mostly based on negotiation.

However, the price of white board with gray background had declined, and the decline of the price was mostly affected by the decline of wood pulp raw materials and the weak demand in the end market, and the price of some white board had followed the decline. In addition, there was still some pressure on supply and demand in the current market, so the market was expected to be cautious and the market trading performance was average.

Market outlook

According to the paper analysts of SunSirs, most paper enterprises are currently in a wait-and-see situation, and the market quotations are more chaotic, and the actual transaction is mostly based on negotiation. The domestic paper market will also gradually return to fundamentals. It is expected that the price of white cardboard and white board will be mainly stable in the short term.

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