SunSirs--China Commodity Data Group

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SunSirs: Corrugated Paper Market may Continue its Downward Trend

March 21 2023 09:09:12     

On March 20th, the benchmark price of corrugated paper for SunSirs was 2888.00 RMB/ton, a decrease of -7.50% compared to the beginning of this month (3122.00 RMB/ton).

Analysts from SunSirs believe that the current demand in the corrugated paper market is still weak, so the market may continue its downward trend. However, as the price of paper continues to decline, the scope for paper mill downtime and maintenance increases, and the downward space may narrow. It is expected that short-term corrugated paper prices will continue to fluctuate at a low level.

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

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