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CCTV Finance: Significant Growth in Paper Packaging Demand Related Enterprises Boost Production and Sales
Recently, CCTV Finance Channel reported on the market changes in the paper industry. According to the report, with the significant recovery of the paper industry market, the demand for paper packaging such as paper cups, paper lunch boxes, and paper bags has significantly increased, and related enterprises have begun to expand and increase production. Upstream raw paper products such as white cardboard, cultural paper, and double adhesive paper have also experienced strong production and sales, with some paper companies raising prices multiple times since the second half of the year.
From January to October, the paper and paper products industry achieved a total profit of 28.44 billion yuan, a year-on-year decrease of 13.6%
On November 27th, the website of the National Bureau of Statistics released the profit situation of industrial enterprises above designated size nationwide from January to October 2023. From January to October, industrial enterprises above designated size in China achieved a total profit of 6115.42 billion yuan, a year-on-year decrease of 7.8%, which is 1.2 percentage points narrower than from January to September.
From January to October, among industrial enterprises above designated size, state-owned holding enterprises achieved a total profit of 2031.06 billion yuan, a year-o
Chenming Paper Industry issues another price increase letter, and the industry continues to recover in the fourth quarter
Top paper companies issue price increase letters again.
Recently, Chenming Paper Industry announced a price increase of 200 yuan/ton for its cultural paper series products. Previously, Chenming Paper Industry raised prices for some cultural paper series products in late October, and this round of price increase is also considered by the industry to be a good response to the implementation of price increases for cultural paper products in the early stage.
Fundamentally, high production costs and a decrease in product inventory are the main factors supporting the su
Swedish cork sawn timber inventory has reached its lowest level in a decade, but exports to China have shown significant growth
According to the latest data released by the Swedish Forestry Agency, softwood inventory in Sweden decreased by 26% to 2.1 million cubic meters in September, reaching the lowest level in a decade. At the same time, there is a shortage of softwood sawn timber in all timber harvesting areas.
Unlike the inventory level of cork sawn timber, the inventory of pulpwood remains at last year's level. Among them, cork pulp, including spruce pulp, increased by 4%. And the inventory of hardwood pulp and wood also increased significantly by 40% year-on-year to 800000 cubic meters.
First in South China! Guangzhou Port Pulp Futures Delivery Warehouse Approved
On November 9th, a reporter from Guangzhou Daily · New Flower City learned from Guangzhou Port Group that Guangzhou Gangliangtong Company has successfully obtained the qualification of a designated delivery warehouse for pulp futures on the Shanghai Futures Exchange. The first batch of approved storage capacity of 15000 tons has been put into use, and it is operated by Guangzhou Gangliangtong Company in cooperation with Guangzhou Zhongwu Storage International Freight Forwarding Co., Ltd. This is the first pulp futures delivery warehouse in South China.
According to the relevant
After the imposition of tariffs in October, some paper products in Russia have increased by 15%
After Russia began imposing export tariffs on pulp, paper, and cardboard on October 1, 2023, it triggered an increase in product prices in its domestic market. As of November 1st, for certain types of cardboard products, the price increase has reached 15%. Meanwhile, for wood chips and pulp products that produce paper products, prices remain stable.
It is reported that the Russian government issued a decree on September 21, 2023, which stipulates flexible export tariffs on various commodities and pegs their ruble exchange rate. The export customs products on this list include pu
OEP has reached a final agreement to sell Walki to the Japanese Prince Group
On October 23rd, One Equity Partners (hereinafter referred to as "OEP") announced that they had reached a final agreement to sell Walki Holding Oy (hereinafter referred to as "Walki") to Japanese paper product technology company Prince Holdings Co., Ltd. (hereinafter referred to as "Prince Group").
Walki was founded in 1930 and headquartered in Espoo, Finland. It is a manufacturer of specialty packaging materials, providing consumer and industrial packaging for food and specialty consumer goods, as well as engineering materials such as insulation and flame retardant coatings, sustainabl
The prices of coniferous logs in some European countries have bottomed out
By September, some European countries had experienced price pressure caused by oversupply in the cork market. The cork markets in countries such as Germany, Russia, and Estonia have shown significant declines.
Affected by the poor performance of the European construction industry and the lowest level of wooden furniture consumption in Europe since 2015, consumer confidence and spending have sharply declined. This also poses greater challenges to the European cork market.
Taking Estonia as an example, in September, the price of pine logs decreased from 38.2 euros per cubic
The prices of coniferous logs in some European countries have bottomed out
By September, some European countries had experienced price pressure caused by oversupply in the cork market. The cork markets in countries such as Germany, Russia, and Estonia have shown significant declines.
Affected by the poor performance of the European construction industry and the lowest level of wooden furniture consumption in Europe since 2015, consumer confidence and spending have sharply declined. This also poses greater challenges to the European cork market.
Taking Estonia as an example, in September, the price of pine logs decreased from 38.2 euros per cubic
A large number of secondary factories have announced price increases of 3% -5% for cardboard and cardboard boxes
Under the impact of upstream raw paper price increases, a new wave of price increases in the paper packaging market has started. Since October 6th, a large number of secondary factories in multiple provinces and cities such as Hunan, Hubei, Yunnan, and Sichuan have increased the prices of cardboard and cardboard boxes by 3% -5%. At present, most domestic packaging companies have raised prices multiple times, but the cumulative increase is still generally less than the cumulative increase in raw paper.
October is the first month of the fourth quarter, an important time node in th
From January to August, the paper and paper products industry achieved a total profit of 15.17 billion yuan, a year-on-year decrease of 39.8%
On September 27th, the official website of the National Bureau of Statistics announced the profit situation of industrial enterprises above designated size nationwide from January to August 2023. Data shows that industrial enterprises above designated size nationwide achieved 4655.82 billion yuan, a year-on-year decrease of 11.7%, a decrease of 3.8 percentage points compared to January July.
Among the 41 major industrial industries, the paper and paper products industry achieved a total profit of 15.17 billion yuan from January to August, a year-on-year decrease of 39.8%
Paper companies are facing the "Golden Nine Silver Ten": Can price increases reverse the decline in performance
With the arrival of the "Golden Nine Silver Ten" peak season, some paper companies have issued letters announcing an increase in paper prices.
On September 18th, Sun Paper Industry announced that starting from September 18th, 2023, the purchase prices of its PM11, PM12, and PM40 machines will be uniformly increased by 300 yuan/ton based on the current execution price. Starting from October 1, 2023, the prices of all new orders will be uniformly increased by 200 yuan/ton based on the prices at the end of September.
Not only that, many paper companies, including Wuz
Paper companies frequently issue price increase letters. The peak season is approaching and attention cycles are switching nodes
According to a research report released by Debang Securities, based on the deductive logic of the inventory cycle, it is estimated that the paper industry has entered the active destocking stage in December 2022, with each stage running for 10-14 months. It is expected that the paper industry will enter the passive destocking stage as early as the second half of the year, with the main characteristics being that raw material inventory remains stable or increases, and finished product inventory decreases; The prices of raw materials have decreased, while the prices of finished paper have remain
