Recently, the packaging paper market is in a downturn. Nine dragons paper in Dongguan and Tianjin, Chenming Group, Bohui Paper, and Wanguo Paper have successively issued notices of downtime or suspension of delivery, which is regarded as measures to save paper prices.

Dongguan Nine Dragons stopped shipping on October 1st - 3rd, while Tianjin Nine Dragons, from October 10th to November 3rd, the paper machine will be shut down in turn of five-day, involving white paper, cattle cardboard, corrugated paper and recycled paper, which were down for 25 days. For Chenming Group, Bohui Paper, and Wanguo Paper, there will be a 7 days downtime of white cardboard machine.

From the end of August to the present, the packaging paper market seems to have fallen into a mud, and the price of wrapping paper is in a slight decline.

According to past experience, downtime is often accompanied by price increases. This shutdown happened in peak season, the successive notice of downtime by leading paper companies is regarded as signals and actions to keep and push up the paper price.

Looking at the waste paper market, there has been a situation of falling and falling. Some people in the industry lamented: "Before it was baked on the fire, it is now cold and cold!"

And It depends on the market reaction whether the shutdown by big companies can keep the price in peak season. If the downstream demand is weak, the national waste market will not rebound, then it is difficult to keep the price simply by shutdown.

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