Waste paper and corrugated paper fluctuate slightly and may pick up in the short term

The price of waste paper in Zhejiang area rose slightly this week. On August 18, the average purchase price of grade A waste yellow cardboard in Zhejiang was 1,508 yuan/ton, an increase of 0.27% compared with the average price of 1,504 yuan/ton on August 13. The price of corrugated paper stabilized and remained stable. The average ex-factory price of corrugated base paper 140g on August 18 was 2,640 yuan/ton, which remained stable compared with the average price of 2,640 yuan/ton on August 13.

Judging from the observation of market changes, the domestic waste paper market continued to be stable and volatile this week. The recycling volume of baling factories remained stable, and the demand in the terminal market gradually recovered after a period of recovery. However, the price of waste paper in most paper mills is still running smoothly. Paper mills mainly wait and see, and adjust prices based on their own needs.

The price of corrugated base paper has been running smoothly this week. As the price of packaging paper has been in a downward trend for a long time, the operating pressure of paper mills has continued to increase. It has become a common phenomenon in the paper industry that the net profit has fallen sharply year-on-year or lost money. Recently, the price of raw waste paper has been stable and relatively strong. Due to the double squeeze of strong costs and low demand, the scope of shutdown and maintenance of upstream paper mills has increased, and the tightening of the market supply side has supported local price increases. Although many paper mills have raised the price of corrugated paper this week, the increase has not yet taken shape, and we still need to wait and see.

Paper analysts believe that August may be an important time node for the transition of the off-peak season in the paper market, and then the terminal orders for the Mid-Autumn Festival and the National Day Double Festival may be released as early as late August, which has certain positive support expectations for demand. However, the imbalance between the supply and demand of base paper still exists, and it is expected that the prices of waste paper and corrugated base paper may show signs of recovery in the short term.

The above content is compiled and reported by RX packaging for you.