SunSirs: The White Cardboard and Whiteboard Market is stable in China, with Short-term Low Level Consolidation

According to the monitoring of the Commodity Market Analysis System of SunSirs, the prices of white cardboard and gray background white board paper have remained stable this week. On August 17th, the average market price of 230g-400g white cardboard was 4,640 RMB/ton, which remained stable compared to the average market price of 4,640 RMB/ton on August 13th. On August 17th, the average market price of 250g gray base white board paper was 4,165.67 RMB/ton, which remained stable compared to the average market price of 4,165.67 RMB/ton on August 13th.

By observing market changes, it can be seen that the white cardboard market price has remained stable this week. In the near future, the spot prices of the main raw material pulp have remained high, and the trend of cost recovery will squeeze the profit space of white cardboard. However, the current demand continues to be in the off-season and the payment cycle enters in the latter half of the year, putting downward pressure on the market's trading focus.

The price of gray based white board paper is steadily running, and market transactions are mainly negotiated. The enthusiasm for the start of the whiteboard paper factory is not high, with the large-scale paper factory in Chongqing producing coated kraft paper and white kraft paper in the first half of the year. Downstream procurement mentality is cautious, with limited incremental new orders. At present, the market supply pressure is relatively high, and paper mills are under pressure to ship. The supply-demand contradiction pattern is difficult to alleviate, and the trend of the whiteboard market is difficult to improve.

SunSirs paper analysts believe that at present, mainstream paper mills for white cardboard and gray base white board mainly focus on digesting inventory, while traders mostly focus on stable shipments with relatively few price changes. It is expected that the prices of white cardboard and gray background white board will continue to be low in the short term.

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