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SunSirs: White Cardboard and Whiteboard both Decline, with Short-term Weak Fluctuations

March 22 2024 10:44:29     SunSirs (Selena)

According to the monitoring of the commodity market analysis system of SunSirs, the prices of white cardboard and gray background whiteboard have both shown a downward trend this week. On March 21st, the average market price of 230g-400g white cardboard was 5,073.33 RMB/ton, a decrease of 1.3% compared to the average market price of 5,140 RMB/ton on March 17th. On March 21st, the average market price of 250g gray background whiteboard paper was 3,965.67 RMB/ton, a decrease of 0.83% compared to the average market price of 3,999 RMB/ton on March 17th.

By observing market changes, it can be seen that the price of white cardboard has continued to decline this week. Currently, due to insufficient release of new orders, there is pressure on market inventory and shipment. In terms of supply, the white cardboard market is in an oversupply state, and with the gradual increase of new production capacity, the market competition situation has intensified. Although supported by strong costs and price increase letters, market demand is showing signs of weakening, with most businesses reporting a decrease in orders. Against this backdrop, traders are facing increased shipping pressure and prices are loosening and falling.

The price of gray background whiteboard paper has slightly decreased this week, and the price has entered a downward trend, mainly affected by insufficient downstream demand and gradually increasing market supply pressure. In March, the production and inventory of whiteboard paper showed a slight increase trend, and the market supply pressure continued to increase. However, the recovery of market demand was insufficient, and the shipment of paper mills continued to be under pressure. In addition, with the recent continuous decline in the price of waste paper raw materials and weak cost support, the price of gray bottom whiteboard paper has decreased.

The paper analyst from Business Society believes that the current price increase in the white cardboard market is not as expected, and there is currently no clear follow-up on actual market transactions. Traders and downstream customers have increased bearish sentiment. The supply-demand contradiction pattern in the gray background whiteboard market is gradually emerging, and the market operation is weak. It is expected that the prices of white cardboard and gray background whiteboard will fluctuate weakly in the short term.

 

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