SunSirs: White cardboard and white board paper may be weak in the short term

According to the data monitoring of SunSirs, the price of white cardboard decreased slightly this week. On May 19, the average market price of 230g-400g white cardboard was 6773.33 RMB/ton, down 0.49% compared with the average price at the beginning of the week (the average market price on May 15 was 6806.67 RMB/ton). The price of whiteboard is still lower. On May 19, the average market price of 250g whiteboard was 4945.67 RMB/ton, a decrease of 1.33% compared with that at the beginning of the week (the average market price on May 15 was 5012.33 RMB/ton).

According to the observation of market changes, the price of white cardboard decreased slightly this week. At present, the market is still in a state of oversupply. The price of upstream pulp raw materials continues to be high, increasing the production cost of white cardboard. The downstream demand is limited and the demand side lacks strong support, which makes it difficult for white cardboard to rise. Subsequently, the implementation of the price increase of white cardboard was blocked, which made the market price loose and downward.

Whiteboard prices continued to fluctuate and fall, and the contradiction between market supply and demand still exists. At present, most paper mills resume normal production, and only some areas have individual shutdown, but the impact is small. However, due to the continuous downturn of downstream terminal demand, the market just needs to replenish inventory. In addition, the logistics in some areas has not been recovered, the shipment of paper mills is slow, the inventory pressure continues to increase, and the market trading activity is low.

Business paper analysts believe that the current sharp decline in the RMB exchange rate may be conducive to exports, but the international situation is unstable and domestic production is limited, making white cardboard in the game between supply and demand and price. The whiteboard market has no positive support for the time being, the expectation of paper price correction is weak, the real order transaction is still preferential, the market pessimism continues, and it is expected that the prices of short-term white cardboard and whiteboard may be weak and volatile.

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