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Corrugated paper prices have reached new highs . From the beginning of May this year, the price of cultural paper products has remained at a high level. The price of pulp imported from Europe and the United States has also slowed down since June this year, and is currently at a high level. At the same time, however, the price of paper grades, such as cardboard paper and corrugated paper, which mainly use waste paper pulp, has ushered in a new round of gains.
Although prices have fallen somewhat before, after a recent round of rises, the price of cardboard and corrugated paper has once again reached a new high. The paper price data tracked by the reporter shows that the average price of the corrugated paper market has risen by 233 yuan to 4815 yuan/ton. In addition, white-faced cattle jam and whiteboard paper also entered a new price increase cycle. White-faced cattle cardboard rose 350 yuan in two weeks to 5,326 yuan / ton; white paper rose 233 yuan in two weeks to 4821 yuan / ton.
“The tightening of waste paper supply is the main factor for the price increase of corrugated paper and cardboard paper,†an industry source pointed out.
It is reported that the main raw material of corrugated paper and cardboard paper is waste paper. Waste paper used to rely mainly on imports. Due to the current shrinkage of waste imports, waste paper imports are naturally limited. In mid-August, the new version of the “Import Waste Management Catalogue†issued by the Ministry of Environmental Protection, the unsorted waste paper has been adjusted from the Catalogue of Solid Wastes for Imports that Can Be Used as Raw Materials. And (waste) paper and cardboard, including waste specialty paper, are also on the “ban listâ€.
The total domestic waste paper imports have fallen for two consecutive months, from 2.44 million tons in May to 2.13 million tons in July, a decline of nearly 13% in two months. Correspondingly, the price of the country's waste is rising. As of August 23, the national waste A-grade yellow paper (Jiangsu and Zhejiang) was 2,350 yuan / ton, and the A-grade yellow paper (Shandong) was 2,180 yuan / ton, compared with the data in early August, the increase was 13% and 5 respectively. %, a new high in the year.
Among the A-share listed companies, Bohui Paper mainly produces white cardboard, while Shanying Paper and Jingxing Paper focus on the production of cardboard and corrugated paper. Shanying Paper has achieved the whole industrial chain layout, and its production capacity and market share are in the leading position among listed companies in the segment.
In the peak season, the price increase will be abundant. “The light season of the paper industry is still very obvious. On the whole, it generally enters the first peak season in March; it is relatively stable in June and July, and it is off-season; A long season," a senior paper industry veteran told reporters that the price will be loose in the middle of this year, but now, the price has rebounded in a few days, and many varieties have hit new highs. The "script" of the annual market has basically been determined.
Supply-side reforms and stricter environmental protection have led to the suspension of production of some small paper-making enterprises, which is also an important factor in the imbalance between supply and demand of cardboard and corrugated paper.
On August 22nd, the Ministry of Environmental Protection held a symposium to implement the “Implementation Plan for the Reform of the Importation of Solid Waste Import Management System for the Prohibition of Foreign Waste Entry†and proposed to strengthen the supervision process in the future and continue to maintain the high pressure of law enforcement. The environmental protection efforts continue to increase, and the probability of returning to small papermaking enterprises that cannot afford the cost of environmental protection equipment technology reform will be further reduced.
In terms of inventory, the reporter learned from various interviews that although the inventory of major papermaking enterprises has increased, they are all lower than the same period of previous years. The actual inventory cycle is about one week, which is at a historical low. The inventory of downstream packaging and printing companies is also at a historical low.
On the demand side, the Fortune Securities Research Report said that the demand for corrugated boxes has maintained an average annual growth of around 5% over the past decade, and the scale of online shopping has expanded rapidly, and future demand is expected to remain strong. As far as the current situation is concerned, the possibility that the price of corrugated boxes will fall rapidly in the short term is very small, and it is very likely to maintain the current high price or further increase.
In addition, coal prices are still high. In the paper industry, coal accounts for about 10% of the total cost of the product and is the largest part of the cost of raw materials.
Abstract In the near stage, the trend of subdivided papers has been divided, and cultural paper products have remained at a high level, while corrugated paper has sprung up and entered a new round of price increases. Paying attention to the price increase logic, mainly because the downstream industry began to enter the traditional peak season to step up the stocking, as well as the restrictions on imported waste paper, the cost end...
In the near stage, the trend of subdivided paper species has been divided, and cultural paper products have remained at a high level, while corrugated paper has sprung up and entered a new round of price increases. Paying attention to the price increase logic is mainly due to the fact that downstream industries have begun to enter the traditional peak season to step up stocking, and because of the limited import waste paper, the cost of domestic waste paper prices has increased.