PULP: NARROW RANGE TRADE

Opinions and Suggestions

Recently, the downstream raw paper market prices have fallen by varying degrees. Paper dealers mainly destock, superimposed pulp futures are running weakly, and the spot market for imported wood pulp is scarce, and pulp prices are under pressure. In terms of downstream paper mills, although cultural paper companies have issued price increases, they have also issued maintenance letters, which is bad for the pulp market to effectively increase the volume. The fundamentals have not improved significantly, and there is a lack of transactions in the pulp market. Pulp prices are expected to consolidate within a narrow range and volatility will fall.


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