SunSirs: China Wood Pulp Price fluctuated on November 18

　　Price: the market price of softwood pulp is 4,990 RMB/ ton, and the market price of hardwood pulp is 4,550 RMB/ ton

　　As the pulp futures price rebounded again after bottoming out, the opening price of SP2201 contract was 4,940 RMB/ ton, and the closing price was 5,046 RMB/ ton, with a daily increase of 3.19%. At present, the pulp is in the upward consolidation of increasing warehouse, the short-term trend is still in the range of shock, and the rise of price is still a technical callback. The spot market is just in need of purchase, the transaction performance has improved slightly, and the price is mostly adjusted with the disk price.At present, the fluctuation range of pulp futures market has narrowed, and the market as a whole is still under pressure. It is expected that the short-term wood pulp price may still be in a consolidation pattern.