SinoInfo: Increased supply and demand pressure for corrugated and boxboard paper, with prices under downward pressure

Recently, the corrugated and boxboard paper markets have been weak and trending downward. As of April 7, the daily average price of China AA-grade 120g corrugated paper was 2,776.88 yuan/ton, a month-on-month decrease of 0.07%; the average price of China boxboard paper was 3,589.2 yuan/ton, a month-on-month decrease of 0.06%. Large-scale paper mills are implementing fixed-price policies for a limited period, while small and medium-sized mills are offering discounts to sell, further intensifying market bearish sentiment. Currently, it is the seasonal off-peak period, and downstream packaging factories have not shown significant improvement in orders, only maintaining basic procurement needs. Additionally, the main raw material, waste paper, remains relatively stable, providing limited support to costs. It is expected that the market will continue its downward trend in the short term. (Zhuochuang Information)