According to the monitoring of the Commodity Market Analysis System of SunSirs, the prices of wastepaper in the Zhejiang region of China fluctuated and increased in September. On September 28th, the average purchase price of A-grade waste yellow cardboard in Zhejiang Province was 1,578 RMB/ton, an increase of 2.33% compared to the average price of 1,542 RMB/ton on September 1st. The price of corrugated paper continues to rise. On September 28th, the average ex factory price of 140g corrugated base paper was 2,840 RMB/ton, an increase of 4.49% compared to the average price of 2,718 RMB/ton on September 1st.

By observing market changes, it can be seen that in early September, the domestic wastepaper market saw mixed ups and downs. Paper companies often adjusted prices flexibly based on their own situation, and the prices of wastepaper in Zhejiang region showed a slight decline. With the low rebound and increase in wastepaper prices, packaging stations in various regions are actively shipping wastepaper, resulting in a continuous increase in the arrival volume of wastepaper from paper mills. Due to the high inventory of wastepaper in some paper mills, there is a downward trend of wastepaper to control the inventory situation of paper mills. The continuous rise in downstream raw paper prices has led to a positive sentiment in the wastepaper market, followed by a slight increase in prices.

In late September, the price of wastepaper continued to rise, and the domestic wastepaper market prices were strong in the south and weak in the north, with a slight upward trend overall. The increase in wastepaper prices in Zhejiang region slightly increased. Due to the favorable upward trend of the raw paper market, the price of wastepaper has shown a trend of rising. In terms of supply, the recycling volume of packaging plants has slightly increased with the recovery of downstream demand, and the market inventory has increased compared to the previous period. In terms of demand, after a period of recovery in the end market, there has been a recovery in demand, and the market's purchasing power has increased compared to the previous period. Therefore, the price of wastepaper has fluctuated and risen.

By observing market changes, it can be seen that the upward trend of the corrugated paper market continued in early September, and a nationwide price increase in raw paper and paperboard is gradually emerging. On September 8th, Jiulong Paper Industry released another price increase, and other domestic paper mills also issued price increase notices, which played a positive role in the corrugated paper market. Price increases have become the main theme of the raw paper and cardboard market. In addition, the inventory of raw paper in downstream packaging factories is low, and there is a certain space for replenishment, so the price of corrugated paper continues to rise.

In late September, the price of corrugated paper remained positive and upward. With the gradual increase in orders for National Day and Mid Autumn Festival, the supply-demand contradiction eased, and the price of positive paper moved up. The paper industry as a whole shows signs of recovery and recovery, with major paper companies issuing price increases targeting multiple types of paper. Corrugated paper has also seen its third round of price increases this month. Due to the demand for Mid Autumn Festival stocking, paper company inventory is relatively low, demand margin is recovering, and the implementation of domestic stable growth policies has boosted downstream packaging paper demand expectations, thus driving up the price of corrugated paper.

SunSirs paper analysts believe that the current supply and demand relationship in the wastepaper and corrugated paper market has slightly eased. With the global economic recovery and the promotion of domestic stable growth policies, market confidence is recovering. Driven by the positive trend of gold and silver, the market is stable and moving forward, and it is expected that the prices of wastepaper and corrugated base paper may remain high in the short term.

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