According to the monitoring of SunSirs, waste paper in Zhejiang Province has steadily declined this week. On June 9th, the average purchase price of A-grade waste yellow cardboard in Zhejiang Province was 1,590 RMB/ton, a decrease of 0.5% compared to the average price of 1,590 RMB/ton on June 4th. The price of corrugated paper fluctuated and declined. On June 9th, the average ex factory price of 140g corrugated base paper was 2,830 RMB/ton, a decrease of 0.56% compared to the average price of 2,846 RMB/ton on June 4th.

By observing market changes, it can be seen that the domestic waste paper market has maintained a stable and dynamic state this week. On the supply side, the recycling volume of the packaging plant is gradually improving with the arrival of summer, and the market inventory has slightly increased compared to the previous period. In terms of demand, with the continuous rise of temperature and the arrival of the rainy season, the finished paper market is in a downturn, and the order volume of paper mills has slightly decreased. The inventory of finished paper is above average, which has led to a decrease in demand for waste paper by paper mills, and the price of waste paper is hovering at a low level.

The price of corrugated base paper has slightly declined this week. Due to the traditional off-season and sluggish market operation, most paper mills ship corrugated paper at discounted prices. The continuous sluggish atmosphere in the packaging paper market permeates the industry, and the price of raw paper continues to be affected by the industry's supply and demand pattern and cost price changes, resulting in a downward pressure on prices. The cautious attitude of the downstream market remains unchanged, and after a moderate replenishment, it still maintains a focus on purchasing on demand.

Business Society paper analysts believe that the current demand for waste paper and corrugated paper in the market is insufficient. Paper mills often restock according to orders, and the market demand is mainly in demand. Corrugated paper is currently in the bottom consolidation stage, and the price trend is mostly adjusted according to market demand. It is expected that the prices of waste paper and corrugated paper may remain weak and volatile in China in the short term.

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