SunSirs: China White Cardboard and Whiteboard Market Rose first and then Stabilized in November

According to the monitoring of the commodity market analysis system of SunSirs, the prices of white cardboard and gray background whiteboard paper first increased and then stabilized in November. On November 27th, the average market price of 230g-400g white cardboard in China was 5,240 RMB/ton, an increase of 2.61% compared to the average market price of 5,106.67 RMB/ton on November 1st. On November 27th, the average market price of 250g white board paper in China was 4,165.67 RMB/ton, an increase of 0.81% compared to the average market price of 4,132.33 RMB/ton on November 1st.

By observing market changes, it can be seen that the white cardboard market prices continued to rise in early November, and white cardboard scale enterprises have successively issued price increase notices for November. On the supply side, white cardboard enterprises are producing well, and their new production capacity is constantly increasing. On the demand side, the continuity of orders in the white cardboard market is good, and paper mills are accelerating their shipments. Overall, inventory has declined to a low level, and confidence in price increases is strong. The export volume has slightly rebounded, and the paper mill's production capacity has been squeezed. As a result, the production of ordinary white cardboard continues to be tight, leading to an upward trend in white cardboard.

In late November, the price of white cardboard in the market remained stable. Due to the weakening of terminal demand among traders, their sales gradually slowed down. Therefore, enterprise quotations were mostly stable, and price adjustments had limited stimulating effects on shipments. The market was mainly wait-and-see. In addition, due to the continuous increase in the price of white cardboard in the early stage, the market is digesting the implementation of price increases, and the prices of traders are temporarily stable.

By observing market changes, it can be seen that the price of domestic gray background whiteboard paper slightly increased in early November. After the traditional Mid Autumn Festival orders ended, market demand entered a phased off-season, and the weakening of orders had a more direct impact on the transmission of traders, with a certain lag in the impact on paper mills. Therefore, prices were mostly stable. With the rising price of white cardboard and the sustained high cost of raw materials, the price of white cardboard is under pressure and rising.

In mid to late November, the price of gray background whiteboard stabilized and the market was mostly in the process of digesting the rising prices in the early stage. However, terminal demand has always been insufficient, downstream purchasing enthusiasm is not high, and most business owners have a bearish attitude towards the future market. In addition, with the decline in raw material prices, the cost pressure has slightly decreased, and the price is temporarily stable and wait-and-see.

The paper analyst from SunSirs believes that the overall upward momentum of the white cardboard and gray background whiteboard markets this month has weakened compared to the previous period. However, supported by the low profit situation, the attitude of large-scale paper mills to drive up prices remains unchanged. Continuing to issue a new round of price increase letters will have a positive effect on the market, and it is expected that the prices of white cardboard and gray background whiteboard will remain stable in the short term.

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