SunSirs: Corrugated Paper Prices Fluctuated Lower on May 10, 2022
May 11 2022 14:28:13 SunSirs (John)
Price trend
On May 10, 2022, the price of 140g corrugated paper was 3,726 RMB/ton.
Analysis review
The price of corrugated paper fluctuated and fell at the beginning of the week. At present, the market is still in the traditional off-season. However, due to the obstruction of transportation and the support of high costs, the price has not experienced a seasonal drop. At present, the market is in a state of stability with small changes. Some paper mills still implement preferential shipments, and the mentality of promoting transactions is still obvious. However, there are also paper mills that have successively released their shutdown and maintenance plans in May, and the mentality of paper mills to push up prices still persists.
Market outlook
At present, the poor logistics and delivery are still continuing, and the superimposed leading enterprises still have plans for downtime and maintenance. It is expected that the price of corrugated paper may continue to fluctuate in the short term.
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