Price trend

According to the data monitoring of SunSirs, the price of white cardboard remained stable this week. On July 14, the average market price of white cardboard 230g-400g was 6,473.33 RMB/ton, which remained stable compared with the average price at the beginning of the week (the average market price on July 10 was 6,473.33 RMB/ton). On July 14, the average market price of 250g white board paper was 4,779 RMB/ton, which was 0.69% lower than the average price at the beginning of the week (the average market price on July 10 was 4,812.33 RMB/ton).

Analysis review

From the observation of market changes, the price of white cardboard wais still mainly stable this week. The domestic market trend was weak and weak, coupled with the poor implementation of the previous price increase, the downstream end users had limited acceptance, and the market transaction were mostly negotiated. At present, the industry is in the off-season. With the continuous introduction of new production capacity into the market recently, the pressure on the supply side of the market has increased, and the contradiction between supply and demand has increased, resulting in the temporary stability of the price of white cardboard.

The price of white cardboard was slightly weaker this week, and the market was still light. The downstream demand continued to be sluggish, the traditional off-season performance was obvious, and the contradiction between market supply and demand was more prominent. However, the inventory of some paper mills was still at a relatively high level, and most paper mills were facing destocking. The release of new production capacity had also led to increased pressure on the supply side of whiteboard paper, so prices had been lowered to increase whiteboard paper shipments.

Market outlook

SunSirs’ paper analysts believe that the current white cardboard and whiteboard paper markets are affected by the addition of new production capacity, resulting in a sudden increase in supply pressure. At present, the market trend is stagnant. Affected by the domestic market demand, it is expected that the prices of white cardboard and whiteboard paper will still fluctuate in the short term.

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