According to the data monitoring of SunSirs, the price of waste paper in Zhejiang Province showed a weak downward trend in December. As of December 29, the average purchase price of grade A waste yellowboard in Zhejiang was 1,954 RMB/ton, a decrease of 4.12% compared with the average price of 2,038 RMB/ton on December 1. The price of corrugated paper also remained weak. On December 29, the average ex factory price of 140g corrugated base paper was 3,204 RMB/ton, a decrease of 0.31% compared with the average price of 3,214 RMB/ton on December 1.

In the first ten days of December, the price of waste paper in Zhejiang fell sharply, and the domestic price of waste paper also continued to decline, and then the downward trend spread to the whole country. Since the beginning of December, leading paper enterprises have successively released Spring Festival shutdown arrangements, involving many bases and a long time. The demand for raw waste paper will be greatly reduced when the paper mills stop production in succession. When the paper mills have sufficient inventory, they will reduce the purchase price of waste paper one after another to reduce the arrival of waste paper.

In late December, the domestic waste paper price was in a weak consolidation state, and showed a slight upward trend towards the end of the month. As the domestic epidemic situation has been liberalized, some packaging paper consumption has rebounded, and some paper mills have increased their demand for waste paper, so the price has risen. As the Spring Festival holiday is approaching, the paper mill is optimistic about the market after the year, so there is a phenomenon of replenishment.

The price of corrugated paper dropped slightly in early December. As Jiulong Paper and Shanying International have successively issued shutdown letters, they involve many bases and take a long time. According to previous years, most of the notices of price increase were given after the letter of shutdown of paper enterprises, but this year it did not work. Under the sharp drop of waste paper price, the price of corrugated paper has no rebound momentum in the short term. However, the downstream packaging market is very wait-and-see, and packaging enterprises purchase on demand, which is difficult to provide support for the rise in paper prices.

In late December, the price of corrugated paper was stable and slightly changed. Due to the impact of early shutdown and production restriction, the inventory of some paper mills eased slightly. With the approaching of the Spring Festival holiday, some paper mills have slightly reduced their prices and increased their shipments. According to their own and regional market conditions, most paper mills focus on actual orders and discussions. Since the high infection rate of the population is not conducive to the commercial circulation in the short term after the liberalization of the epidemic situation, the downstream packaging plants are more cautious in purchasing, and most of them are just in need.

According to the paper analysts of SunSirs, with the approaching of the Spring Festival holiday, the upstream and downstream of the papermaking industry have entered the preparation stage of stopping production and early holidays. Therefore, the prices of waste paper and corrugated paper have fluctuated mainly by range, showing a weak overall performance, and there are no positive factors for the time being. It is expected that the prices of waste paper and corrugated paper will continue to settle at a low level in the short term.

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