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SunSirs: White Cardboard and White Board slightly Declined, with Weak and Stable Operation in the Short Term

April 08 2024 14:32:38     SunSirs (Selena)

According to the monitoring of the commodity market analysis system of SunSirs, there was still a slight decline in the prices of white cardboard and gray background white board last week. On April 7th, the average market price of 230g-400g white cardboard was 4,973.33 RMB/ton, a decrease of 0.67% compared to the average market price on April 1st. On April 7th, the average market price of 250g gray background white board paper was 3,882.33 RMB/ton, a decrease of 0.85% compared to the average market price on April 1st.

By observing market changes, it can be seen that the price of white cardboard continued to decline last week. Currently, due to insufficient release of new orders, there is pressure on market inventory and shipment. On the supply side, there is still an oversupply situation in the white cardboard market, and the gradual increase in new production capacity has intensified market competition. Although supported by strong costs and price increase letters, market demand is showing signs of weakening, and most businesses have reported a decrease in orders. Against this backdrop, the pressure on traders to ship has increased, and prices continue to decline.

The price of gray background white board paper has continued to decline this week. Due to insufficient downstream demand and increased market supply pressure, the production and inventory of white board paper have shown a slight increase trend, increasing market supply pressure. However, the recovery of market demand is insufficient, and paper factory shipments continue to be under pressure. But with the recent slight rebound in the price of waste paper raw materials, which has increased cost support, the price of gray bottom white board paper may return to stability.

The paper analyst from SunSirs 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. The supply-demand contradiction pattern in the gray background white board market is gradually emerging, and the market is operating weakly. It is expected that the prices of white cardboard and gray background white board will temporarily remain weak and stable in the short term.

 

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