Waste paper corrugated paper back down short-term weak stable operation

2024-04-26

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Waste paper corrugated paper back down short-term weak stable operation

By observing market changes, the price of waste paper in Zhejiang region showed a downward trend this week, and the price of waste paper in other parts of the country also stopped rising and falling. At present, the overall volume of waste yellow board paper in the paper mill has increased, resulting in a reduction in the purchase price of waste yellow board paper. On the demand side, due to the slight fluctuation of the paper mill's starting load rate and the limited overall improvement in finished paper sales, the paper mill's interest in the recovery of waste yellow board paper demand was weak.

Corrugated paper market trading did not change the fatigue, paper prices weak partial operation. The supply side is stable, the imbalance between supply and demand is highlighted, and the inventory pressure of upstream paper mills is at a high level. Corrugated paper imports increased by 12.92 year-on-year in March, and imports continued to increase, making the supply side more relaxed. However, the end-market order performance is weak, the market order is insufficient, and the industry competition is intensified. Downstream in the context of insufficient follow-up of new orders, downstream replenishment will not be strong, resulting in inventory to the upstream paper mill pressure price downward.

Business paper analysts believe that with the May Day holiday approaching, the arrival of waste paper from paper mills or due to transportation problems may be low, but after the holiday, domestic consumption will produce waste paper, the supply may increase, and the arrival of waste yellow paperboard from paper mills will rise. Corrugated paper terminal demand is difficult to have a significant release, downstream packaging plant procurement sentiment in general, cautious wait-and-see mentality is not reduced, is expected to short-term waste paper and corrugated paper prices weak and stable operation.