According to the data monitoring of SunSirs, in October 2022, the market prices of white cardboard and white board both showed an upward trend. On October 27, the average market price of 230g-400g paperboard in China was 5,780 RMB/ ton, up 1.17% compared with the average price at the beginning of the month (on October 1, the average market price was 5,713.33 RMB/ ton). On October 27, the average market price of 250g white board paper in China was 4,599 RMB/ ton, up 3.76% compared with the average price at the beginning of the month (on October 1, the average market price was 4,432.33 RMB/ ton).
From the observation of market changes, after the National Day holiday, the price of white cardboard showed a trend of rising and falling, the market supply was stable, and the output of white cardboard was stable. With the end of the holiday, the downstream paper packaging industry started to improve, and the market purchasing sentiment improved. Next, large-scale e-commerce shopping festivals will come one after another, and the market demand will increase compared with the early stage.
Subsequently, the price of white boardpaper became stable, and the voice of market clamoring decreased. In addition, due to the recurrence of domestic epidemic, the downstream market demand for white cardboard did not meet expectations, and the implementation of price increases was not ideal. Near the end of the month, the price of paperboard slightly increased, but the pressure on the market inventory still existed. After a period of adjustment, and the price of wood pulp was in a high shock for a long time, under the pressure of cost, the paper enterprises' attitude towards price support increased.
From the observation of market changes, after the National Day holiday, the prices of raw waste paper and wood pulp kept rising, which made the cost of the white board market rise and played a supporting role in the price of white board. In the previous period, the paper mill made great efforts to digest the inventory, and took turns to shut down for maintenance. After several months of adjustment, the inventory decreased significantly, easing the contradiction between supply and demand of base paper in the market.
In late October, the price of white board paper was still rising, and the price increase was mainly affected by the raw material market, which was tentatively higher. The implementation of the final price increase was still unclear. However, there is no obvious change in the downstream market demand for the time being. The market transaction and investment are flexible, and the actual price is mainly negotiated. Under the pressure of the paper mill's profit space and the confusion of traders' quotations, the shipping prices of some paper mills have increased.
According to SunSirs paper analysts, with the approaching of e-commerce festival and year-end promotion, the enthusiasm of dealers and terminal paper packaging enterprises to stock up may be improved. The price of superimposed raw materials is still at a high level. Under the pressure of cost, the price is still on the strong trend, but the short-term market will be in the state of price rise in the early stage of implementation. It is expected that the price of short-term white cardboard and white board may be temporarily stable in China.
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