According to the monitoring of the commodity market analysis system of SunSirs, the prices of white cardboard and gray background white board paper still have a downward trend this week. On July 14th, the average market price of 230g-400g white cardboard was 4,640 RMB/ton, a decrease of 0.71% compared to the average market price of 4,673.33 RMB/ton on July 9th. On July 14th, the average market price of 250g gray base white board paper was 4,165.67 RMB/ton, a decrease of 0.79% compared to the average market price of 4,199 RMB/ton on July 9th.
By observing market changes, it can be seen that the white cardboard market prices are still weak and declining this week. Currently, there are relatively few new orders in the market, and they are basically in a state of just in need of purchase. Although some small and medium-sized white cardboard companies in Guangdong, Jiangsu, Jiangxi and other regions were the first to issue price increase letters at the beginning of the month, leading white cardboard companies followed suit in increasing prices, there are still paper mills offering preferential prices to increase shipments.
The price of gray based white board paper has fluctuated and decreased, and market transactions are still dominated by single and multiple negotiations. Downstream customers and end users have received relatively flat responses, and they still mainly rely on replenishing inventory as needed. At present, the downstream market is bearish towards the later stage, and mainstream paper mills have relatively high inventory, mainly focusing on digesting inventory. Therefore, the price has been lowered to increase shipment volume.
SunSirs paper analysts believe that the current market for white cardboard and gray based white board paper is experiencing a serious inversion of costs and paper prices. Many paper companies in various regions have seen price increases to achieve the goal of stopping the decline. It is expected that the prices of white cardboard and gray based white board paper will fluctuate and consolidate in the short term.
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