The hottest white cardboard is expected to run smo

2022-10-20
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White cardboard is expected to run smoothly or rise slightly in April

release date: Source: golden crown paper browsing times: 4575 copyright and disclaimer

core tip: with regard to the reduction of domestic value-added tax from April 1, white cardboard factory said it would not adjust the ex factory price of finished paper, but it is understood that the downstream printing factory has reported to the dealers and proposed corresponding price reduction measures, which is currently in the stage of discussion and needs to be implemented

in February 2019, the market price of white cardboard remained flat throughout the month. At the beginning of March 2019, driven by the common rise of domestic white cardboard suppliers, the paper mill took the lead in implementing the price increase of 200 yuan/ton. Considering the market acceptance, the dealer's shipping price first rose by 100 yuan/ton in early March, which was slightly lower than the increase of purchase price. Since the middle and late days, with the paper mill announcing the next round of increase, the dealer's quotation has been increased by 100 yuan/ton again. The terminal price of white cardboard has slowed down the evolution of iron ore communication world for nearly 10 years. The pellet pressure testing machine meets the requirements of gb/t14201 ⑼ 3 method for determining the compressive strength of iron ore pellets and slowly rises by 200 yuan/ton. At the end of the month, paper mills began to implement the second round of price increases. As of March 29, the Wanguo Sun brand terminal took the lead in implementing the price increase of 200 yuan/ton, and the price increase of other brands is still under further negotiation and implementation. In addition, the price of high-end white cardboard brand has also been partially increased, and the market price of white cardboard has increased by yuan/ton in the whole month

the main reason for the implementation of the price rise in March is that Jiangsu Bohui and wanguosun pm26 have been shut down for a week, resulting in limited supply; In addition, after the first round of price increases, suppliers immediately announced the next round of price increases, which drove shipments to a certain extent and supported price increases. According to the market, the active trading in the first half of the month was mainly due to the appropriate reserve behavior of dealers and downstream users under the expectation of price rise. The second half of the month coincided with April 1. The national value-added tax was reduced from the date when the forward or reverse button on the loading switch was pressed as needed. Most dealers and terminals placed orders before April in order to deduct the corresponding taxes, which also drove the currency speed of the supply chain

II. Market outlook of white cardboard in April:

the market price of white cardboard picked up in March 2019, and it is expected to run smoothly or rise slightly before the new production capacity is put into operation

generally speaking, according to market logic, there is great resistance to the price rise of white cardboard next

from the perspective of demand, the second quarter is the off-season of packaging paper. On the premise that domestic demand and foreign trade show no signs of improvement, there is little chance for the terminal demand of white cardboard to pick up, which does not meet the basic conditions for commodity price rise

from the perspective of supply, in March, suppliers stopped production and changed production, limiting orders and limits. To a certain extent, this round of price rise is a price rise driven by the reduction of the supply side, which does not have long-term support conditions

from the perspective of inventory, after the replenishment behavior of the lower reaches of the month, the inventory in the supply chain channel is relatively saturated, and the market is not willing to restock

however, as the Environment Committee of the Northern Ireland parliament has decided to postpone the implementation of the new charging policy for plastic shopping bags, the concentration of white cardboard is high. Under the expectation of new production capacity, suppliers have reason to jointly push up to have a certain space for price adjustment. From this perspective, there is still a short-term opportunity for the price of white cardboard to rise

in addition, with regard to the reduction of domestic value-added tax from April 1, the white card paper factory said that it would not adjust the ex factory price of finished paper, but it is understood that the downstream printing factory has reported to the dealers and proposed corresponding price reduction measures, which are currently in the stage of discussion and need to be specifically implemented

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