SunSirs: White Cardboard is Declining while White Board is Stable, maintaining Short-term Range Fluctuations

According to the monitoring of the commodity market analysis system of SunSirs, the price of white cardboard has shown a downward trend this week, while the price of gray background white board has remained stable. On March 14th, the average market price of 230g-400g white cardboard was 5140 RMB/ton, a decrease of 1.28% compared to the average market price of 5206.67 RMB/ton on March 10th. On March 14th, the average market price of 250g gray background white board was 3999 RMB/ton, which remained stable compared to the average market price on March 10th.

By observing market changes, it can be seen that the price of white cardboard has shown a downward trend this week. Currently, the profit of white cardboard is low, but it is supported by strong costs. Some leading paper mills have issued price increase letters for April. This has also led traders who initially quoted higher prices to lower the price of white cardboard in the near future, in preparation for the expected increase in white cardboard prices in the future. Due to high production capacity concentration and high cost support, the white cardboard market has relatively good resistance to decline, but the market trend is always dominated by supply and demand.

The price of gray background white board continued to stabilize this week. Due to the implementation of price preferential policies by large-scale paper mills in the early stage, the price of gray background white board has been lowered, and other paper mills in the surrounding area have followed suit, which has led to the digestion and price reduction phase of white board. Due to limited new orders from downstream customers and insufficient overall market demand follow-up, the price of white board has remained low in the context of overall abundant supply. However, the recent decline in waste paper prices has weakened the cost support for gray based white board, and the market remains in a wait-and-see state.

According to paper analysts from SunSirs, from the perspective of market supply and demand, both white cardboard and gray background white board are in a pattern of high supply and weak demand. In the short term, while the supply side is relatively stable, the impact of demand changes on the market has increased. It is expected that the prices of white cardboard and gray background white board will maintain a range of fluctuations in the short term.

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