Price trend
According to the monitoring of the Commodity Market Analysis System of SunSirs, the prices of white cardboard and gray background white board both showed a downward trend this week. On April 21st, the average market price of 230g-400g white cardboard was 5,113.33 RMB/ton, a decrease of 1.29% compared to the average market price of 5,180 RMB/ton on April 16th. On April 21st, the average market price of 250g gray base white board paper was 4,299 RMB/ton, a decrease of 0.77% compared to the average market price of 4,332.33 RMB/ton on April 16th.
Analysis review
From the observation of market changes, the price of the white cardboard market slightly decreased this week, and the actual transactions in the market were mainly negotiated. Most of the paper enterprises were cautious about the shipment of goods and held a wait-and-see attitude towards the later market. The downstream demand growth performance was slow, and the imbalance between supply and demand was obvious. Subsequently, downstream paper mills will rotate and shut down their paper machines to alleviate market inventory pressure.
The price of gray based white board paper remained stable and slightly declined this week. Mainstream paper mills mainly negotiated shipping prices, and surrounding paper mills had a lot of room for negotiation on shipping prices. The purchasing power of end users was poor, and the market trading was average. Due to the weak price rise in the downstream base paper market, the industry considered the cost pressure to restrain the initiative of pulp picking. The price fell, and the cost fell, creating a negative impact on the paper price.
Market outlook
SunSirs paper analysts believe that as of the 21st, the white cardboard and gray background white board markets had mostly shown a cautious wait-and-see state, and the light market had become a normal state. The domestic paper market was gradually returning to fundamentals. With the continuous decline in pulp prices, production costs were also driving down, and it is expected that the prices of white cardboard and whiteboard will be weak in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com