Culture Paper Stable Cardboard Corrugated Paper Continues to Rise

Lack of upward catalysts, the trend of cultural papers is stable; benefiting from the recovery in demand, boxboard corrugated prices continue to rise.

The price of coated paper was basically stable this week. The market supply of copperplate paper at Jinhai Pulp Plant was gradually increased. The dealers' lack of confidence in the market outlook was mainly due to wait and see. The price of offset paper is basically stable. In the near future, the upstream pulp price is stable, the downstream demand is weak, and the paper mills have no price adjustment action. The market price remains stable. The sales price of dull whiteboard paper is generally stable, and production restriction is still in progress (Fuyang, East China, still has restricted production in rotation this month; in South China, due to the opening of the Asian Games, Xiaolong plans to reduce production by 30% this month), but due to weak demand, dealers and The downstream is still more rational. The price of white cardboard is basically stable, and the average transaction price this week is still RMB 6,992/ton. The raw material cost is stable, and the downstream demand is flat. The dealer still maintains the original price. Corrugated paper and corrugated papers rose slightly due to downstream demand, and prices rebounded slightly.

The domestic pulp price was basically stable, and the US OCC continued to decline.

This week, domestic pulp prices rose steadily and the average price rose by 0.10%, of which the major pulp brands Wubian, Buzheng, Bokuo, and Yinxing Zhou had changes of 0.00%, 0.00%, 0.00%, and 0.39%, respectively. The U.S. scrap price continued last week's weakness, and prices continued to fall: The U.S. waste ONP, which rose last week, went flat this week, while the OCC continued its downward trend and fell 2.9% this week.

The dollar continued to weaken this week, and the exchange rate against the US dollar continued its upward trend and fell against other major pulp exporting countries.

*** Exchange rate increases in exchanges with exporting countries will effectively reduce the cost of domestic imported pulp. Therefore, we track the exchange rate changes in major pulp producing countries (Canada, Chile, Brazil, Indonesia, and the United States) to observe the cost of imported raw materials. Variety. This week, as the US dollar continued to weaken, the exchange rate against the US dollar continued to rise, rising by 0.25%, while the exchange rate against other major pulping countries fell as a whole: the Canadian dollar fell 1.64% against the Chilean peso fell 2.10%, against the Brazilian Lira It was down 1.14%, down 0.31% against the Indonesian rupee.