The traditional peak season, which should be in September, did not arrive as expected. The domestic pulp market demand did not improve, and the total pulp price index and the total volume index decreased. According to statistics, in September, the China Paper Association's total pulp price index fell by 0.31% to 136.46 points, and the total volume index fell by 0.77% to 81.01 points. In general, the price of pulp and the volume index fell in September, in which the price of bleaching needle pulp and bleaching pulp fell, and the price of raw pulp decreased.
Specifically, in September, the volume of drifting wood pulp fell, the price index fell 0.87% to 139.45 points, and the volume index fell 0.88% to 83.81 points. This month, the trading environment of the floating needle market is light, and the downstream needs to replenish the warehouse. The overall destocking is the main one, and the price of the single pulp is weak. In terms of external disk, Russia's Ilim softwood pulp continued to level in September, Chilean Arauco Silver Star rose $20 per ton, Canadian softwood kelyp, horse, lion and moon rose $20, and Northwood reported $10. In October, Chilean Arauco Silver Star and Canadian Lions and Horses were quoted at the same level last month. Russia's Ilim softwood pulp was up $20 per ton, and Canada's Canfor Northwood was up $30 per ton. The price of the outer disk was partially reported to rise. However, the gold and silver silver that everyone expected did not come, and the downstream market continued to be light, so the firmness of the outer disk price did not form an effective support for the spot price of the needle pulp. At present, the stock is sufficient but the demand has not kept up. It is expected that the needle pulp price will run in a weak and stable trend in the short term.
In September, the volume of bleached wood pulp fell, and its price index fell 0.07% to 133.53 points. The volume index fell 0.73% to 77.01 points. This month, the broad-leaf pulp market has a general trading atmosphere, and the price of pulp has dropped slightly. At around 50 yuan per ton, the downstream raw paper stocks are higher, and the paper mills just need to replenish the warehouse. On the outer disk, Russia's Ilim broadleaf pulp and Brazilian birdies, parrots and carabine prices were flat in September last month, and the Chilean Arauco star was down $10 per ton. In October, Asia-Pacific resources group Lobelia Acacia, Chilean Arauco star and Brazilian bird, parrot, bull, and carabine were flat last month, and Russian Ilim broadleaf pulp reported a gain of $20 per ton. The external disk price is stable overall, the RMB exchange rate has declined and has not improved, which will lead to an increase in import costs in the later period. This is a positive factor for the spot pulp price, but the current oversupply, the paper mills mostly rely on destocking, the market demand is weak, and the peak season is not Wang, so the spot price of broadleaf pulp may also run at a steady trend.
In terms of color paste, the market for color paste in September was stable, with the price index rising 0.62% to 135.24 points; the volume index fell 0.54% to 82.93 points. Overall, the overall color trading market of the color paste market is general, the demand has not improved, but the price of pulp has increased slightly. In terms of external market, the electronic quotation of Prince George of Canada in September and October continued to be flat. In October, the price of Arauco Venus in Chile was flat last month, and the Russian Ilim color Ubuntu block was up $20 per ton. The price of this color paste futures is generally stable, the spot price is rising steadily, and the supply and demand of the color paste is relatively stable. It is expected that the price of natural pulp will stabilize in the short term.
Responsible editor: Ge
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