Price trend

According to the data monitoring of SunSirs, the price of waste paper in Zhejiang fell first and then rose this week. On February 10, the average purchase price of Grade A waste yellow paperboard in Zhejiang was 1,732 RMB/ton, which remained stable compared with the average price of 1,732 RMB/ton on February 5. The price of corrugated paper continued to decline. The average ex-factory price of 140g corrugated base paper on February 10 was 3,172 RMB/ton, down 0.38% from the average price of 3,184 RMB/ton on February 5.

Analysis review

From the observation of market changes, the price of domestic waste paper still showed a downward trend at the beginning of this week, and then the price rose after stabilizing. With the resumption of work after the holiday, the packaging stations in various regions gradually resumed normal operation, but the demand of paper mills had not yet been fully started, the situation of oversupply had not been relieved temporarily, and the price of waste paper continued to decline slightly in the pre-holiday state. Near the weekend, some paper mills raised the price of waste paper, and the market showed signs of recovery.

In terms of the price of corrugated base paper, the price was slightly reduced this week. After the Spring Festival in previous years, the paper market usually ushered in a short wave of price rise, but this year's market broke this usual practice. As of the 10th, the end consumer demand had not recovered significantly, and the price of corrugated paper lacked the support of market demand, and the price remained in a decline state.

Market outlook

According to the paper analysts of SunSirs, the prices of waste paper and corrugated paper are in a disadvantageous state at the beginning, and the market macro environment is unpredictable. The market is still waiting for the opportunity of price rise. It is expected that the prices of waste paper and corrugated paper will continue to be weakly sorted out in the short term.

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