The overall trend of paper products: demand in the peak season prompted white paper and other paper prices to stabilize and rebound. The price of double-adhesive paper continued to remain unchanged this week. The price of white cardboard rose by 0.73%, the price of coated paper continued to remain unchanged, and the price of grey-white paper rose by 1.31%. Prices for newsprint, kraft paper, cardboard and corrugated paper remained unchanged in August.
Raw material price trend: Imported pulp prices stopped falling, and waste paper prices stabilized. European pulp prices (in euros) continued to fall this week, and US pulp prices (in US dollars) also fell. This week, the RMB has appreciated to a certain extent in the currency exchange rate of the major producers. The price of imported major wood pulp brands (RMB) rose by 1.09% this week, rising by 4.41% month-on-month and 15.61% during the year. The prices of US-based waste, European waste and daily waste papers were 0.16%, 1.91% and 1.47%, respectively; the monthly increases were 2.33%, 4.44% and 3.34% respectively; the year-on-year increases were 15.24% and 17.01% respectively. 13.16%.
Production data: The cumulative output of paper products increased significantly, and the cumulative output of pulp increased rapidly. In the past 10 years, the output of paper products has increased rapidly. The cumulative growth rate in January and July has continued to slow down from 14.30% in the previous June to 13.08%. In the past 10 years, the pulp production has increased rapidly, but the growth rate has gradually slowed down. The cumulative growth rate in January and July reached 20.67%.
The quantity and amount of paper imports resumed rapid growth, and the volume and amount of pulp imports slowed due to the rising price of imported pulp. In January and August of the year, the volume and amount of paper imports increased by 7.98% and 25.800/0 respectively, showing a monthly slowdown. The cumulative decline in the import volume of pulp in January-August was maintained at 20.47%, while the cumulative growth rate of import value remained at 30.04%. According to the paper classification, under the pressure of the US and China against the double-reverse, the export volume of coated paper continued to fall by 23.52% in July; the export growth of double-coated and whiteboard paper was 43.66% and 3.73%, respectively.
Potential risk factors in the industry: The international pulp price is difficult to accurately grasp due to the impact of supply and demand and exchange rate fluctuations, which may result in lower than expected gross profit per ton.
In the coming year, the order of paper quality will be white card paper, culture paper, box board/corrugated paper, coated paper, newsprint. In the second half of the year, white paper and other advantageous paper types will enter the sales season, and the key white paper paper leading Bohui Paper will be recommended. Wait.
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