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Sinopec News: White cardboard market supply and demand under pressure, paper prices continue to decline
Recently, the white cardboard market prices have slightly declined. As of April 8th, the average price of domestic 250-400g white cardboard is 4,134 yuan/ton, down 0.72% from yesterday. Currently, paper mills generally maintain normal production, with some companies holding higher inventories, leading to an overall loose market supply. Market demand is gradually entering the off-season, with insufficient downstream order releases, and traders’ bearish sentiment is increasing. Traders mainly offer discounts to secure orders. Raw material wood pulp prices fluctuate, while chemical auxiliary materials remain high, providing limited overall support to the market from the cost side. In the short term, market trends are expected to be driven mainly by supply and demand, with paper prices continuing their downward trend. (Zhuochuang Information)