The price of white cardboard has fallen to a five-year low. The problem of oversupply in the industry highlights.

[the price of white cardboard falls to a five-year low and the problem of oversupply in the industry highlights] the FAP, June 19 (Xinhua)-- the white cardboard industry is mired in a downturn cycle. According to Zhuochuang information monitoring data, as of June 16, the average price of white card paper in the domestic market has fallen to about 4250 yuan / ton. Some analysts pointed out that the continuous decline in the price of white card paper is also the result of the mismatch between supply and demand caused by the rapid growth of market supply and the sharp contraction in demand. At the same time, competition in the industry intensifies or accelerates the integration of supply patterns.