SunSirs: The Price of White Cardboad and White Board may Remain Stable in China in the Short Term

According to the data monitoring of SunSirs, the prices of white cardboad and gray based white board were stable this week. On November 17, the average market price of 230g-400g paperboard was 5,546.67 RMB/ ton, which was stable compared with the average market price of 5,546.67 RMB/ ton on November 13. On November 17, the average market price of 250g gray base white board was 4,615.67 RMB/ ton, which was stable compared with the average market price of 4,615.67 RMB/ ton on November 13.

From the observation of market changes, the supply and demand of white cardboads were stable this week, and the transaction price was stable last week. Due to the conversion of Dongguan Jiulong and Chongqing Jiulong to white cardboadboard, the overall supply of the market has increased, the pressure on traders' inventory has increased, and the domestic downstream demand is light, so the market is basically in a state of just purchasing. At present, the export orders in the market are increasing well, and the shipping pressure of domestic paper mills is not large for the time being, which has eased the inventory of paper mills.

And the price of grey base white board paper is also stable this week, and the market is in the state of price rise in the early period of digestion. At present, with the gradual reduction of the output of white board, the inventory pressure of the paper mill has dropped, which has played a supporting role in the price of white board. However, the downstream demand is still weak, the price is still in a single talk, and the paper mill has a strong intention to stabilize the price.

According to SunSirs paper analysts, the supply of white cardboad and white board is relatively stable at present, and the upstream raw material price continues to be high, which supports the price. However, the downstream demand is poor, and there is still resistance to the price rise. It is expected that the price of white cardboad and white board may remain stable in China in the short term.

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