[Abstract] The international pulp price increase is sufficient, the domestic pulp price is expected to remain stable due to the release of production capacity, and the US scrap OCC price has fallen. International major pulp mills have raised their offer prices by about US$30/ton, which is expected to be implemented on April 1. The price of major domestic pulp brands remained stable this week.
1 This week, the papermaking sector performed weaker than the market. After the continuous decline in the recovery of Sun Paper, the performance of key companies this week (up 0.01%) was weaker than the market (2.4% increase in Shanghai and Shenzhen 300 during the same period), while relying on the investment of silver pigeons and the continued rumors of Murray Paper Stronger, the papermaking sector rose 2.16% overall this week.
2 The price of cultural paper rose slightly, and the white card paper raised the price in April. Coated paper prices have risen. At the beginning of the week, Jindong and Jinhai Paper Mills announced that they would raise the price of coated paper by about 200 yuan/ton, while Chenming and Sun also have price increases (some dealers have increased by 50-100 yuan/ton). On the other hand, due to the more cautious downstream, the transaction is more difficult, resulting in a smaller price increase. The price of double-adhesive paper rose slightly this week. Most paper mills have no signs of raising prices, mainly based on the new price after the price increase at the beginning of the month. Among them, the Golden Ball factory has reduced production and maintained high prices. The price of gray-whiteboard paper rose slightly this week. In the Fuyang area of ​​East China, paper prices have risen, and the pressure on local paper mills is the main factor. The Taicang 玖 ç° grey board test machine currently only produces 250g-300g gram weight. The impact on the Zhejiang market lies in the confidence of dealers in the market. White cardboard prices have risen slightly this week. A number of white card mills announced an increase in ex-factory prices in April. Among them, the price increase brands include Chenming Paper Baiyang, Ningbo Zhonghua Paper Chief, Wanguo Sun Paper, and Murray Paper Murray Lake. The range is 200 yuan/ton. Chenming Paper's rosewood has an amplitude of 400 yuan/ton. The dealers did not significantly increase, but said that this round of price increases may be implemented. The transaction is basically stable. Cardboard paper and corrugated paper have been weak in various markets this week. The price of corrugated paper in Guangdong and Shandong fell by 50-100 yuan/ton, and the market turnover remained deserted; the paper price in Jiangsu and Zhejiang areas was slightly loose. The price of cardboard paper is relatively stable, but the price increase in the previous period has basically stagnated, and downstream carton factories have a greater resistance due to cost pressure.
3 The international pulp price increase is sufficient, and the domestic pulp price is expected to remain stable due to the release of production capacity. The US scrap OCC price has fallen. International major pulp mills have raised their offer prices by about US$30/ton, which is expected to be implemented on April 1. The price of major domestic pulp brands remained stable this week. US waste ONP quoted $254/ton this week unchanged from last week; OCC quoted $269/ton this week (down 0.92% from last week).
4 This week, the exchange rate of the RMB against the major producers was mainly down: 0.18% against the US dollar, 0.73% against the Canadian dollar, 0.23% against the Chilean peso, 0.39% against the Brazilian lira, and 0.44% against the Indonesian rupee.
5 Re-tracking of the earthquake and tsunami in Japan: Mitsubishi Paper, which has suffered more serious damage in the four major paper companies, has resumed its work. The two factories of Nippon Paper Group (NPG), Ishinomaki and Iwanuma, have been shut down and are currently returning to work. It is still unclear; at present, the global pulp price is relatively less affected. Due to the sufficient domestic inventory, the domestic daily scrap price has not risen; the demand for Chinese paper exports needs to be observed; the current export to Japan has increased the quantity and price of wood. The impact on pulp prices still needs to be observed.
1 This week, the papermaking sector performed weaker than the market. After the continuous decline in the recovery of Sun Paper, the performance of key companies this week (up 0.01%) was weaker than the market (2.4% increase in Shanghai and Shenzhen 300 during the same period), while relying on the investment of silver pigeons and the continued rumors of Murray Paper Stronger, the papermaking sector rose 2.16% overall this week.
2 The price of cultural paper rose slightly, and the white card paper raised the price in April. Coated paper prices have risen. At the beginning of the week, Jindong and Jinhai Paper Mills announced that they would raise the price of coated paper by about 200 yuan/ton, while Chenming and Sun also have price increases (some dealers have increased by 50-100 yuan/ton). On the other hand, due to the more cautious downstream, the transaction is more difficult, resulting in a smaller price increase. The price of double-adhesive paper rose slightly this week. Most paper mills have no signs of raising prices, mainly based on the new price after the price increase at the beginning of the month. Among them, the Golden Ball factory has reduced production and maintained high prices. The price of gray-whiteboard paper rose slightly this week. In the Fuyang area of ​​East China, paper prices have risen, and the pressure on local paper mills is the main factor. The Taicang 玖 ç° grey board test machine currently only produces 250g-300g gram weight. The impact on the Zhejiang market lies in the confidence of dealers in the market. White cardboard prices have risen slightly this week. A number of white card mills announced an increase in ex-factory prices in April. Among them, the price increase brands include Chenming Paper Baiyang, Ningbo Zhonghua Paper Chief, Wanguo Sun Paper, and Murray Paper Murray Lake. The range is 200 yuan/ton. Chenming Paper's rosewood has an amplitude of 400 yuan/ton. The dealers did not significantly increase, but said that this round of price increases may be implemented. The transaction is basically stable. Cardboard paper and corrugated paper have been weak in various markets this week. The price of corrugated paper in Guangdong and Shandong fell by 50-100 yuan/ton, and the market turnover remained deserted; the paper price in Jiangsu and Zhejiang areas was slightly loose. The price of cardboard paper is relatively stable, but the price increase in the previous period has basically stagnated, and downstream carton factories have a greater resistance due to cost pressure.
3 The international pulp price increase is sufficient, and the domestic pulp price is expected to remain stable due to the release of production capacity. The US scrap OCC price has fallen. International major pulp mills have raised their offer prices by about US$30/ton, which is expected to be implemented on April 1. The price of major domestic pulp brands remained stable this week. US waste ONP quoted $254/ton this week unchanged from last week; OCC quoted $269/ton this week (down 0.92% from last week).
4 This week, the exchange rate of the RMB against the major producers was mainly down: 0.18% against the US dollar, 0.73% against the Canadian dollar, 0.23% against the Chilean peso, 0.39% against the Brazilian lira, and 0.44% against the Indonesian rupee.
5 Re-tracking of the earthquake and tsunami in Japan: Mitsubishi Paper, which has suffered more serious damage in the four major paper companies, has resumed its work. The two factories of Nippon Paper Group (NPG), Ishinomaki and Iwanuma, have been shut down and are currently returning to work. It is still unclear; at present, the global pulp price is relatively less affected. Due to the sufficient domestic inventory, the domestic daily scrap price has not risen; the demand for Chinese paper exports needs to be observed; the current export to Japan has increased the quantity and price of wood. The impact on pulp prices still needs to be observed.
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