According to the data monitoring of SunSirs, the price of white card paper and white board paper is still in a downward trend this week. On September 8, the average market price of 230g-400g white cardboard was 5,640 RMB/ ton, down 3.42% from the average price at the beginning of the week (5,840 RMB/ ton on September 4). On September 8, the average market price of 250g white board paper was 4,449 RMB/ ton, a decrease of 1.11% compared with the average price at the beginning of the week (the average market price on September 4 was 4,499 RMB/ ton).
According to the observation of market changes, the price of white card paper continued to decline this week, the new capacity of white card paper in the current market was constantly released, and some paper factories changed their technology to produce white card paper, which made the output of white card paper increase. According to data statistics, from January to August 2022, the total domestic output of white cardboard was about 7.27 million tons, an increase of 20.3% year-on-year. In September, the market's switch to white cardboard production continued. Under the situation of supply exceeding demand, the market's bearish mentality intensified.
Meanwhile, the price of whiteboard paper is also in a downward trend. At present, the whiteboard machine is scheduled to be shut down and overhauled in September. With the end of the Mid Autumn Festival order, the production enterprises are once again in a state of accumulation. Due to the impact of public health events in many parts of China, the market turnover is weak, the shipment speed has slowed down, and the high inventory pressure of paper enterprises is difficult to ease in the short term. In the "peak season is not prosperous" demand performance, the industry lacks confidence in the future market.
SunSirs paper analysts believe that at present, the white card paper and white board paper market is still affected by high inventory and weak downstream demand, which makes the market price keep falling. At present, most of the industry is in a wait-and-see state. The high volatility of wood pulp prices has also narrowed the space for decline. It is expected that the prices of white card paper and white board paper will be weak in China in the short term.
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