Source: China Paper Association
The cost is high, and the letters are frequent. In March, a wave of paper prices will rebound and the market will rebound.
Macroscopic aspect
The seventh round of China-US trade consultations made substantial progress. The United States postponed the tariffs imposed on China on March 1st, and the Sino-US trade friction showed signs of further improvement.
The two sessions will be held from March 3, and it is expected that the "six stable" policy will continue to be implemented this year, and fiscal, taxation and financial reforms will be further implemented.
Recently, the renminbi continued to appreciate, and the onshore renminbi has risen from 6.8 before the Spring Festival to around 6.69.
Paper palm
1. On February 22nd, the “China Paper Sustainable Development Forum†hosted by the Paper Association was held in Beijing.
The price of waste paper, which rose continuously in February and February, began to rise and fall on the 26th. It is expected to rise and fall repeatedly. The March-April period is the relatively low season of packaging paper.
3. The supply and demand of packaging paper will become an unstable factor in the paper market in 2019. According to incomplete statistics, the total production capacity of packaging paper projects to be put into production in 2019 is 9.3 million tons, of which corrugated paper is 2.85 million tons. The paper added 6.45 million tons, and the subsequent supply and demand pressure will be concentrated.
4, continue white card, cultural paper generally in March under the price increase, the electrostatic copy paper relay price increases, Asia-Pacific Sembo, Huatai, Chenming, Jianghe released on March 1 rose 200 / ton.
5. The unified price increase letter of the paper mill at the end of February basically laid the main tone of the price increase of 200 in March. The cost of the paper mill was high. The sharp drop in the previous period led to a significant drop in the efficiency of the paper, which became the internal motivation for the price increase, but from the market demand. In the situation, terminal consumption is still tepid, and there is uncertainty about whether demand can cope with the continued implementation of price increases.
6. Jiangsu Bohui Phase II 500,000 tons of white card project and 450,000 tons of new culture paper are expected to be put into production in the second quarter of this year. On this basis, Bohui Phase III 400,000 tons of machine pulp and 1 million tons of high-grade packaging board The project will also be put into operation in December 2020, and the development and operation of Bohui will become the focus of the near industry.
7. Haicheng Co., Ltd., a subsidiary of China Light Group, signed a super 100 million US pulp project with Japan Marubeni Corporation. The project is a new EPC project for the Vietnam cardboard production line. Haicheng Co., Ltd. accepts the contract from Marubeni to undertake the EPC contract.
Price post:
After the Spring Festival, the overall paper market is basically stable. The original paper pulls the packaging paper with a slight upward momentum. The production links are starting to be started one after another. There is no big fluctuation in the cost. The market consumption is temporarily calm, and the pre-holiday cultural paper and white cardboard rise. The implementation of the price will be reflected in the second half of the month. Whether the overall market in March can really improve and continue to push up the price is still difficult to predict accurately and needs to be observed. Pay attention to the price dynamics of the paper mill after the festival. From the current profitability of the paper mill, the urgent need for price increase and efficiency is stronger.
Editor in charge: Ge Hongyan
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