Just in November, the paper market sent a series of bad news. First, the latest batch of waste paper import license list was announced, so that the country's waste price, which had some upward momentum, turned down again. At present, the grade A waste paper has been lowered at 2,100 yuan/ton, and the purchase price of individual paper mills is even at 2,000 yuan/ Ton.
After that, it was reported that the price reduction of Nine Dragons Paper - the four major production bases of Dongguan, Quanzhou, Taicang and Tianjin collectively cut the price by 100-300 yuan / ton. According to statistics, since October 20th, the price of corrugated paper of Nine Dragons Paper has been lowered by 200-450 yuan/ton, and the paperboard paper has been lowered by 100-500 yuan/ton.
In fact, since the middle and late October, the decline in the packaging paper market has shown signs:
1. The waste paper market is weak, and the support of the cost side is basically lost.
2, the downstream just needs to be weak, although the double 11 is coming, but the orders of downstream packaging companies have decreased significantly compared with previous years.
3, the industry insiders lack of confidence in the market outlook, mentality is empty.
3, downstream enthusiasm for goods, to ease the pressure on inventory, paper companies were forced to cut prices to attract orders.
Then, is there any favorable factor in the market? Some, first, the paper machine shutdown phenomenon has increased, and Nine Dragons Paper and Hangzhou Fuyang 89 paper mills will usher in a new round of downtime, which will be reduced to some extent. Base paper capacity. Second, the recent purchases of corrugated and cardboard paper by downstream packaging companies have remained small, and the stock of raw paper is basically at a low level.
However, considering that the upstream and downstream favorable support is still scarce, coupled with the continued downturn in the paper market in the past two months, the possibility of a sharp rise in the country's scrap prices will be less. Zhuo Chuang Information expects that paper prices will continue to rise with limited kinetic energy, or only in a narrow range of fluctuations.
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