This week, the coated paper market experienced sluggish demand, but prices remained stable due to cost support. Large paper mills, influenced by the shift toward new media, have been reducing their overall production capacity and are increasingly focusing on low-end coated paper. Double-coated paper prices stayed steady, with a slight decline in demand, though downward pressure was limited, keeping the market stable. Gray-white board prices were also stable.
Whiteboard paper continued to face weak demand, with paper mills operating below capacity and struggling with short-term orders. Prices for large customers remained soft. White cardboard prices remained low, as the market faced oversupply and lower mill operating rates. High inventory levels kept prices from falling further, maintaining a depressed price level.
Cardboard and corrugated paper prices remained unchanged this week. Demand for cardboard paper slowed further, with lighter shipments. In contrast, the corrugated paper market showed better stability, with prices holding firm.
On the international pulp front, the price difference between softwood and hardwood pulp continued to shrink. This week, softwood pulp prices dropped slightly, while broadleaf pulp prices increased, narrowing the spread. Domestic softwood and broadleaf pulp prices remained stable. Although the domestic pulp market saw a slight decline, with slower order placements from paper mills, dealers held firm on pricing, preventing any major fluctuations.
Dissolved pulp prices rose this week, driven by a recent rebound in the downstream viscose staple fiber market. The price increased by 0.95% to 6,360 yuan per ton. Meanwhile, U.S. waste paper prices, including ONP and OCC, declined. The U.S. waste paper market continued to weaken, with little change in the imbalance between supply and demand.
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