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SunSirs: The Rise and Fall of White Cardboard and White Board are mutually Reinforcing in the short term in China

October 14 2022 09:45:53     SunSirs (Selena)

According to the data monitored by SunSirs, the price of white paperboard rose and fell after the holiday, and the price of white paperboard rose slightly. On October 13, the average market price of 230g-400g paperboard was 5,713.33 RMB/ ton, which was stable compared with the average price at the beginning of the week (October 9, the average market price was 5,713.33 RMB/ ton). On October 13, the average market price of 250g white board was 4,499 RMB/ ton, up 1.5% compared with the average price at the beginning of the week (on October 9, the average market price was 4,432.33 RMB/ ton).

According to the observation of market changes, the price of white cardboard after the festival showed a trend of rising and falling, the market supply was stable, and the output of white cardboard was stable. With the end of the holiday, the downstream paper packaging industry started to improve, and the market purchasing sentiment improved. Next, large-scale e-commerce shopping festivals will come one after another, and the market demand will increase compared with the early stage.

However, the price of whiteboard has risen, and the price of raw waste paper and wood pulp has kept rising after the festival, which has raised the market cost of whiteboard and played a supporting role in the price of whiteboard. In the previous period, the paper mill made great efforts to digest the inventory, and took turns to shut down for maintenance. After several months of adjustment, the inventory decreased significantly, easing the contradiction between supply and demand of base paper in the market.

According to the paper analysts of SunSirs, the downstream terminal paper packaging enterprises are now in an active procurement state to face the upcoming large-scale e-commerce shopping activities. This makes the market demand for white cardboard and white board continuously increase. It is estimated that the price of white cardboard and white board may be relatively strong in China in the short term.

 

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