Last Thursday, the pulp stopped falling and began to *** On Friday, the pulp rose to the limit across the board at noon, and today is also a continuation of the trend of last week.
So, what is the reason for the ** of pulp this time?
Zhejiang Shanying Paper said that the base is scheduled to be shut down from January 5, 2024 to February 25, 2024, and at the same time, the spot spot of softwood pulp in Shandong is **today**, and the ** corrugated paper has also been raised.
From the demand side, the market atmosphere has improved, the spot performance is good, the disk has stabilized at a low level, with the alleviation of market pessimism, the pulp discount space has also eased to a certain extent, and with the decline of European inventory, the demand side support logic has become stronger.
In terms of imports, the import volume in November remained at a high level, according to the data released by the General Administration of Customs, the import volume in November was 5 months earlier7%, domestic pulp has also maintained this trend after showing a narrow range of destocking before.
At present, the fluctuation of the disk is mainly affected by market sentiment, the inventory pressure of the downstream industry in the early stage is greater, but after the gradual recovery of the pulp industry chain in the second half of the year, processing profits and inventory have improved significantly, and the inventory in China and Europe has also digested a part.
What do you think?Let's discuss it in the comment section.