PULP: NARROW RANGE TRADE

Opinions and Suggestions

Recently, the spot market for imported wood pulp has limited fluctuations. For cultural paper, Chenming, Taiyang, Dahe, and Huatai Paper have successively issued price increase letters in the double offset paper market. They plan to increase by 200 yuan/ton on May 1; small and medium paper mills Prices remain stable in the short-term. Downstream dealers lack confidence in the market outlook, there is still room for transaction negotiation, and individual prices in North China have slightly loosened. The coated paper market APP, Chenming, Taiyang, and Huatai Paper issued a May price increase letter with an increase of 200 yuan/ton; APP and Huatai Group issued a May shutdown and maintenance plan. The supply of domestic imported wood pulp has not changed much, but the demand of downstream paper mills is flat, and the enthusiasm for pulp mining is limited under partial inventory pressure. However, overseas supply is tight. It is expected that the short-term pulp price may maintain in a narrow range.


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