November is coming to an end, the corrugated paper market bid farewell to the heat of "gold nine silver ten", ushered in a wave of price increases.
01, the paper industry leader raised again, the wrapping paper market is strong
Dongguan Nine Dragons Price adjustment Plan:
Starting from November 25, the price of all recycled paper will be increased by 50 yuan/ton, and the price of all core paper will be increased by 30 yuan/ton; The price of Dilong, Manatee, Diyou v, Haiyou Cattle, Haiyou v(except for Hailong cattle 300, Nine Dragon Cattle 300 or more cattle cards) is increased by 30 yuan/ton; White face cattle card coated cattle card unchanged.
Starting from November 25, the price of Jianglong whiteboard will be increased by 80 yuan/ton, and the price of Nine Dragons whiteboard will be increased by 50 yuan/ton.
Starting from December 2, the price of all whiteboards will be raised by 100 yuan/ton; All cow cards, recycled cow cards, tile paper, white face cow cards, coated cow cards increased by 50 yuan/ton.
Golden Phoenix Paper price adjustment plan:
Due to the high cost pressure of enterprises, production and management face great difficulties. In order to ensure the virtuous cycle of sustainable development of our business, but also to ensure the quality of products and supply stability. Therefore, our department has decided to raise all grams by 50 yuan/ton from November 23, 2024. This price adjustment is only to make up for part of the cost of the price difference, it is absolutely helpless!
Dongguan Jianhui Paper price adjustment plan:
Affected by the rise in raw materials and other comprehensive costs, our company decided to increase the sales price of various grades of coated white board paper. The details are as follows:
On December 02, 2024, the sales price will be increased by ￥100 / ton on the basis of the original price;
The sales price on December 16, 2024 will be increased by ￥100 / ton on the basis of the price on December 02.
02, the market boost confidence, corrugated paper after the market?
Looking back at last month, the average spot price of domestic corrugated paper reached 2777.4 yuan/ton, an increase of 0.9%. During this period, a number of large paper companies have announced price increase plans, injecting a strong price increase expectation into the market. At the same time, the shutdown and maintenance of some paper enterprises during the National Day led to a brief decline in supply, further pushing up the tension in the market. Therefore, the downstream paper mills actively stock up, the shipment speed of paper enterprises is accelerated, and the inventory pressure is effectively alleviated.
There has also been a marked change in market sentiment since October. Large-scale paper mills have continuously sent out price signals, which has greatly stimulated the market's optimistic expectations of the future price of corrugated paper. This series of price increases not only strengthened the bullish psychology of market participants, but also directly prompted downstream packaging plants to adopt a more active inventory replenishment strategy to prepare for emergencies. At the same time, the upstream paper mill benefited from this wave of price increases, the shipment situation was significantly improved, the inventory pressure was further reduced, and the entire industrial chain showed a positive operating trend.
Since November, although the traditional peak season has passed, the arrival of consumption nodes such as e-commerce festivals and traditional festivals has brought new vitality to the market. These activities stimulate consumers' desire to buy, which in turn promotes the growth of corrugated paper demand. In addition, with the continuous implementation of the price increase plan of paper enterprises and the return to normal production after the holiday, the profit space of paper enterprises is expected to expand, and the enthusiasm to start construction will also increase.
In terms of inventory, the data show that as of the end of last month, the number of days of corrugated paper inventory was 11.3 days, a decrease of 2.9 days from September, indicating that the inventory level of paper companies has fallen to a medium low. This change not only reduces the inventory pressure of paper companies, but also provides more flexibility for subsequent market supply.
In summary, the recent price increase measures of large-scale paper mills effectively boosted market confidence, and the positive response of downstream demand and the smooth upstream supply jointly supported the strong operation of the corrugated paper market, indicating that the market will maintain this positive trend in the short term.
However, it is worth noting that although the current market price atmosphere is strong and downstream packaging enterprises are highly motivated to purchase, there is still some time to go before the Spring Festival season consumption. During this period, the market may face the risk of insufficient release of effective demand. If the demand can not keep up with the pace of supply in time, the price trend of the corrugated box paper market may be affected. Whether the future can usher in a "warm winter" market, we also need to pay close attention to changes in market demand and the coping strategies of paper companies.
