Price

On April 14, the market price of softwood pulp was 6,960 RMB/ton, and the market price of hardwood pulp was 6,030 RMB/ton.

Analysis review

On the disk, the opening price of the sp2209 contract was 6,986 RMB/ton, and the closing price was 7,022 RMB/ton, a daily decrease of 0.11%.

The current European energy crisis has raised the cost of the pulp market and paper mills to a certain extent, which has led to an increase in pulp prices. The domestic epidemic lasted longer than expected, poor logistics led to weak market demand, and the accumulation of warehouses in mainstream ports was obvious, which continued to suppress pulp prices.

Market outlook

Recently, pulp futures have been in a high and volatile state, but the trading volume in the spot market is relatively stable, and most of the downstream is just in need of purchasing. It is expected that the spot price of wood pulp will continue to fluctuate at a high level in the short term.

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