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SunSirs: The White Cardboard Market is Stable and the White Cardboard Market is Rising in China

October 21 2022 10:03:03     SunSirs (Selena)

According to the data monitored by SunSirs, the price of white paperboard ran smoothly this week, while the price of gray based white paperboard continued to rise. On October 20, 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 (on October 16, the average market price was 5,713.33 RMB/ ton). On October 20, the average market price of 250g white board was 4,599 RMB/ ton, which was 2.22% higher than the average price at the beginning of the week (on October 16, the average market price was 4,499 RMB/ ton).

According to the observation of market changes, the price of white cardboard kept stable this week, and the market clamor was reduced. Due to the recurrence of the domestic epidemic after the long holiday, the downstream market demand of white cardboard did not meet expectations, and the implementation of the price increase was not ideal. In addition, the pressure on the market inventory still exists, so the stable price is mainly based on shipment.

However, the price of gray base white board is still rising, and the price rise is mainly affected by the raw material market, which is tentatively higher. The implementation of the final price rise is still unclear. However, there is no obvious change in the downstream market demand for the time being. The market transaction and investment are flexible, and the actual price is mainly negotiated. Under the pressure of the paper mill's profit space and the confusion of traders' quotations, the shipping prices of some paper mills were slightly adjusted.

According to SunSirs paper analysts, with the approaching of e-commerce festival and year-end promotion, the enthusiasm of dealers to stock up may be improved. Overlapping the continuous high price of raw materials, under the pressure of cost, the paper enterprises have strengthened their attitude towards price support, and it is expected that the prices of white cardboard and white board will temporarily stabilize in China in the short term.

 

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

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