According to the data monitored by SunSirs, the price of waste paper in Zhejiang Province in November showed an upward trend. As of November 29, the average purchase price of grade A waste yellowboard in Zhejiang was 2,020 RMB/ ton, up 2.02% compared with the average price of 1,980 RMB/ ton on November 1. The price of corrugated paper is weak and downward. On November 29, the average ex factory price of 140g corrugated base paper was 3,214 RMB/ ton, a decrease of 2.31% compared with the average price of 3,290 RMB/ ton on November 1.

At the beginning of November, the price of waste paper in Zhejiang Province rose and fell with each other. The domestic price of waste paper was stable and slightly changed. The adjusted paper mills were mainly concentrated in South China and East China, so the price of waste paper in Zhejiang Province rose. Due to the price reduction or preferential treatment of finished paper in some paper mills, there is a strong wait-and-see atmosphere in the market. In the first ten days of November, the price of waste paper in Zhejiang was stable, while the domestic epidemic recurred, and the transportation slowed down. In addition, the inventory of waste paper in the paper mill was stable, and the price range of waste paper raw materials fluctuated mainly, showing a low shock trend as a whole. The impact of cost on the base paper market was limited.

In the middle and late November, the domestic waste paper price showed a regional rise and fall, and the waste paper price in Zhejiang resumed its upward trend. Affected by public health events in China, the arrival of waste paper across the country is unevenly distributed. Paper enterprises often adjust their quotations according to their own raw material inventory needs. The increase in the price of waste paper in Zhejiang is mostly to increase the purchase volume of waste paper from paper mills. Until the end of the month, the price of waste paper was stable again. Due to the aggravation of the epidemic situation of imbalance between supply and demand in the market, the original paper enterprises in many places have issued the notice of production suspension, which will affect the demand for waste paper. In addition, influenced by the wood pulp market, the price of white waste paper rose slightly at the end of the month.

In the first ten days of November, the price of corrugated paper fell steadily. The decline of the price was mainly due to the sharp drop of OCC price in the United States and the steep drop of waste paper in the United States, which led to a sharp drop in the price of imported packaging paper. Some packaging plants took the opportunity to absorb a large amount of imported base paper, and the price of domestic packaging paper fell accordingly. With the completion of the overhaul of most paper mills, the new production capacity in South China will soon be put into production, the output of base paper will increase significantly, and the market supply is relatively sufficient. In addition, the current paper mill procurement is mainly to maintain rigid demand, and the price rise of base paper has been lack of effective market demand support, so the price is loose and downward. Subsequently, the price stopped falling and stabilized. The root cause of the corrugated and cardboard market was poor demand and insufficient orders. The purchasing mentality of the operators was generally cautious. In addition to the limited shipping in some domestic regions, the market was mostly cautious.

Corrugated paper prices fluctuated from late November to the end of the month. Mainstream paper mills intended to stop the decline by rising, but downstream customers were limited in their acceptance ability. They still focused on actual orders and negotiations, which had little impact on the market transaction price. However, the epidemic situation is frequent in various parts of China. The demand for packaging paper in the Double Festival this year did not meet expectations. In addition, the impact of imported corrugated paper on the domestic market led to a decline in the price of domestic base paper. At present, the terminal orders are limited, and the downstream packaging plants are more cautious in purchasing, mainly in the form of just need, leading to the oversupply of base paper in the upstream paper plants and a slight increase in inventory.

According to SunSirs paper analysts, near the end of the month, some bases of Shanying International and Nine Dragons Paper have started annual downtime for maintenance, which can last up to 55 days. The release of this letter of suspension from a large factory will reduce the demand for waste paper to a certain extent, while Shanying International mainly focuses on the suspension of corrugated paper, which will ease the supply and demand of corrugated paper to a certain extent. However, at present, shipping in some parts of China is limited, and market trading is difficult to change. It is estimated that the prices of waste paper and corrugated paper in the short term are still in a weak consolidation state in China.

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