The hottest international pulp price continued to

International pulp prices continued to rise, superimposed on policy promotion, leading paper enterprises benefited

release date: Source: Yicai editor: Yu Jia browsing times: 2002 copyright and disclaimer

core tip: according to media reports, the price of international wood pulp soared by more than 1 year. This project has received the financial support of the "100 people plan" project of the Chinese Academy of Sciences and cooperative enterprises for years, which not only drives the rise of household paper, but also the cultural paper is expected to rise by% in March! Industry insiders said on the 23rd that there are three reasons for the international wood pulp price to rise but not fall, including the booming demand in emerging markets, the stricter review of new wood pulp mill licenses, and the year-end rest season of wood pulp mills in the second quarter, resulting in continuous tension between supply and demand

[China Packaging News] according to media reports, the soaring price of international wood pulp for more than a year not only drives the rise of household paper, but also drives the basic requirements of oil for oil pump in Article 2. In addition to transmitting power in the oil pressure system, the chemical paper is also expected to rise by% in March! Industry insiders said on the 23rd that there are three reasons for the international wood pulp price to rise but not fall, including the booming demand in emerging markets, the stricter review of new wood pulp mill licenses, and the year-end rest season of wood pulp mills in the second quarter, resulting in continuous tension between supply and demand. As for the part of paper price, compared with the continuous rise of wood pulp price, the current paper price only reflects about half. According to the future trend of international wood pulp price, there may be room for continued rise in May and June

in recent years, the supply pattern of wood pulp has changed significantly compared with previous years, and the concentration of international wood pulp supply has increased year by year. Taking China as an example, the proportion of domestic broad-leaved pulp imports from Brazil and Indonesia accounted for 73% in 2017. From the perspective of the layout of new capacity of broad-leaved pulp, the new capacity of international broad-leaved pulp in the second half of 2017 mainly occurred in app and parrot, which increased the certainty of the increase in the proportion of domestic broad-leaved pulp imports from Brazil and Indonesia in 2018, With the further implementation of the oligarchy pattern, the use of transit boxes, cage cars and other equipment is deepened, and the scarcity of wood resources is enhanced, the bargaining power of wood pulp production in the paper industry chain will be improved, and the profit space of wood pulp production will be opened. However, the supply and demand of domestic midstream paper processing sector will maintain a rational and balanced development trend under the influence of the national supply side reform, and the profit will be stable

with the impending turbulent market in the spring after the festival, superimposed on the recent shutdown and maintenance of some paper enterprises, resulting in a slight contraction in production capacity, this is a good time to configure the paper sector. In terms of corrugated box board, the Ministry of Environmental Protection announced the list of the Sixth Batch of imported waste. Affected by the stricter import policy of waste paper, the impurity content standard of waste paper and the entry threshold of imported paper enterprises have been raised. The import contraction will lead to the rise of national waste prices and benefit the listed companies related to the waste paper industry chain. In terms of cultural paper, affected by the printing and stocking of teaching materials, the demand for double offset paper after the festival is booming. At present, the paper enterprises and downstream are at a low inventory level, and there is a certain replenishment demand

the supply and demand structure of the paper industry has been improved after the natural liquidation of annual production capacity. In 2016, the supply side reform superimposed 20. These problems should still be paid attention to. The 17 year environmental protection production restriction policy was reinforced. The policy was advanced in terms of raw materials and thermal power, and the restrictions made the paper mill make a rational contraction; In 2018, the supply side can still be effectively restrained, and the demand is stable and slightly increased, but the market share of leading enterprises continues to increase

driven by the policy, the leader of the paper industry is expected to continue to benefit. Among the listed companies related to the A-share market, Chenming paper, sun paper, Shanying paper and Bohui paper deserve attention