SunSirs: White Cardboard is Rising while White Board is temporarily Stable, with Short-term Strong Operation

According to the monitoring of the Commodity Market Analysis System of SunSirs, the price of white cardboard has increased this week, while the price of gray based white cardboard has temporarily stabilized. On September 14th, the average market price of 230g-400g white cardboard was 4,873.33 RMB/ton, an increase of 1.39% compared to the average market price of 4,806.67 RMB/ton on September 10th. On September 14th, the average market price of 250g gray base white board paper was 4,232.33 RMB/ton, which remained stable compared to the average market price of 4,232.33 RMB/ton on September 10th.

By observing market changes, it can be seen that the price of white cardboard in the market is still showing an upward trend this week. White cardboard has shown a bottoming out rebound trend after a tentative increase in mid to late August by large-scale paper mills. Entering the traditional peak season undoubtedly adds impetus to the rebound of white cardboard prices. From the division of light and peak seasons in the industry, the peak season of the white board market is usually from the month before the Mid Autumn Festival to March of the next year, so the price trend of white board is still strong in recent years.

The price of gray based white board paper has temporarily remained stable this week, and the current market is in a state of implementation to absorb the price increase in the early stage. At present, the overall inventory of the industry is still at a high level. In the early stage, some paper mills have shut down for maintenance and actively removed inventory. Downstream procurement is generally more cautious than in previous years. September entered the traditional peak season of the industry, allowing paper prices to continue to rebound after entering September. However, the increase in market demand is limited, and there may not be much room for growth.

SunSirs paper analysts believe that leading paper companies have issued price increase letters, and the industry is gradually entering the peak stocking season. Therefore, they are optimistic that this round of paper company price increases will be implemented, and industry profits are expected to rise. With the steady recovery of consumer demand, it is expected that the prices of white cardboard and gray based white cardboard will be relatively strong in the short term.

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