Core Viewpoint - The futures contract for coated printing paper is experiencing a slight decline, with a current price of 4192.00 yuan, reflecting a decrease of 0.24% [1] Group 1: Market Analysis - New Century Futures predicts that the price of double-coated paper will remain weak and fluctuate [2] - The previous trading day saw stable prices in the spot market, with double-coated paper production remaining relatively stable and operating rates decreasing compared to the previous week [2] - Demand is described as average, with some publishing tenders starting, leading to a cautious market sentiment [2] Group 2: Supply and Inventory - For the period from October 17 to October 23, 2025, the production of double-coated paper was 20.7 million tons, an increase of 0.4 million tons or 2.0% compared to the previous period [2] - The capacity utilization rate rose to 53.9%, an increase of 0.9% from the previous period [2] - As of October 23, 2025, the inventory of double-coated paper in production enterprises was 133.1 million tons, reflecting a month-on-month increase of 1.2% [2] Group 3: Trading Recommendations - OP2601 contract suggests monitoring support around 4150 yuan and resistance around 4250 yuan, indicating a range trading strategy [2]
短期需求未现改善 预计双胶纸期货偏弱震荡为主
Jin Tou Wang·2025-10-24 07:21