It will take some time for pulp prices to reverse
Since August, the pulp futures contract market has shown a "low-key" performance, with price fluctuations significantly narrowing. As the main contracts of pulp futures enter the period of shifting positions and months, whether the market will experience a resurgence of volatility has become a focus of market attention.
In terms of supply, the current output of broadleaf pulp sample enterprises has slightly increased, and enterprises undergoing initial maintenance have gradually resumed production, leading to an increase in market supply. Considering that there are currently sufficient
Multiple paper mills have raised corrugated paper prices, but the upward trend has not formed a scale
The corrugated paper market in August has once again received a price increase notice!
On August 14th, Shandong Fengyuan Zhongke Paper Co., Ltd. issued a price increase letter stating that due to the continuous increase in waste paper and various raw materials, the price of finished paper has fallen below cost. Starting from August 15th, the price of high-strength corrugated paper has increased by 50 yuan/ton.
Shandong Fengyuan Zhongke Paper Co., Ltd. is a leading papermaking enterprise in Zaozhuang City, with an annual production capacity of approximately 400000 tons. As
Analysis of the Pulp and Paper Market (7.31-8.04)
Imported Wood Pulp Market:
Futures market: This week, the futures market rose and fell, with financial factors being the main factor. This week, the Canadian port strike ended. In terms of external trading, Arauco in Chile reported an increase of $10/ton in both coniferous and broadleaf pulp in August, while the Canadian pulp lion brand's external trading increased by $20/ton compared to the previous round. Suzano announced an increase of $20/ton according to the wood pulp quotation in August, while Brazil's Brazilian port saw an increase of $20/ton compared to the previous round. Europ
Global Wood Price Trends in the Second Half of 2023
Since 2023, the global timber market has undergone many changes. Today, based on the situation of various markets in the first half of the year, let's briefly analyze the changes in global timber prices in the next six months.
African wood
After the entry into force of Appendix 2 of the latest CITES, as of April this year, the volume of timber exported from Africa to Vietnam has dropped to the l
Analysis of the Pulp and Paper Market (7.10-7.14)
Imported Wood Pulp Market:
Futures market: This week, the futures market rose first and then fell, boosted by the impact of Canadian port strikes, some pulp mills reducing production, and the depreciation of the RMB exchange rate, boosting confidence in the pulp market; Arauco's July offer adjusted, with needle leaf pulp silver star retreating by $20 to $660 per ton, and broadleaf pulp star retreating by $20 to $515 per ton. This week, inventory in Hong Kong decreased by 3.57% month on month, showing a trend of destocking. The Canadian International Terminals and Warehouses Alli
Analysis on the Supply Side of the Domestic Paper Industry Chain: Stable Increase in Waste Paper Recycling Rate
Middle stream supply: stable output expansion of China's Pulp and paper industry
According to statistical data from the China Paper Association, since 2014, China's paper and cardboard production has shown an overall upward trend of fluctuations, with growth rates remaining at a low level. In 2017, China's paper and paperboard production exceeded 11 million tons for the first time; In 2018, due to the decline in industry prosperity, the overall production de
Pulp prices have hit consecutive low points, and downstream demand is weak during the off-season of consumption
Affected by the oversupply of pulp, pulp futures surged last year, but this year they have not been able to continue their upward trend. Since the beginning of 2023, pulp futures prices have been on a downward trend, with a decline of 22% in less than 6 months. On June 8th, the pulp futures 2309 contract hit a low of 4926 yuan/ton in the intraday trading, with a decrease of 0.79% on the same day and closing at 4998 yuan/ton.
Meanwhile, due to the impact of p
The world's largest pulp mill announced a 4% reduction in commercial pulp production by 2023
Suzano, the world's largest pulp producer, stated on June 2nd that compared to its nominal and historical production capacity, it is expected that commercial pulp production will decrease by about 4% in 2023.
Suzano stated that its decision to reduce production was made in response to the current complex pulp market, and continuing to adhere to the original production cannot bring sufficient returns to the company.
Analysis of the Pulp and Paper Market (5.22-5.26)
Imported Wood Pulp Market:
Futures market: This week, the futures market was mainly volatile, with needle pulp spot prices fluctuating with the market, with a fluctuation range of 50-100 yuan/ton. In terms of supply, the prices of coniferous pulp and natural pulp have remained stable, while broadleaf pulp has reported an increase of $30/ton in the external market. The industry is reluctant to sell at low prices, and spot prices have increased by around 150-300 yuan/
Analysis of the Pulp and Paper Market (5.15-5.19)
Imported Wood Pulp Market:
Futures market: This week, the futures market fluctuated slightly and rose, while the spot market mostly followed suit. In terms of supply, the external market prices fluctuated weakly. In April, the import volume of wood pulp was 2.967 million tons, setting a new record in a single month. From January to April, the cumulative import volume of wood pulp increased by 1.38 million tons. In March, the global shipment volume of conifer
Analysis of the Pulp Market (5.8-5.12)
Imported Wood Pulp Market
Futures market: This week, the futures market was volatile and the spot market was mostly on the move. In terms of overseas supply, external market fluctuations have decreased, European port inventories continue to increase, and China's shipping volume has increased, which has limited support for the wood pulp market; In May, the offer of Brazilian eucalyptus held steady on the previous round, and the planned shutdown and maintenanc
Analysis of the Pulp Market in April
Import pulp spot market:
This month, the inventory days of major pulp producing countries around the world have increased, while demand in overseas European and American markets has not improved. In addition, European port inventory has once again accumulated at a high level in March, with a month on month increase of 2.9%. The new production capacity has been put into operation, and the external quotation has been fluctuating and reduced. The pressure on the supply
Corrugated paper and offset paper futures are expected to be listed
According to the WeChat official account of China Paper Journal, the 2023 China Pulp Summit was held in Xiamen, Fujian Province, on April 19, 2023. As a highly influential event in the pulp industry, important leaders and entrepreneurs such as Zhao Wei, Chairman of the China Paper Association, Lin Mao, General Manager of Xiamen Jianfa Co., Ltd., Li Hongxin, Vice Chairman of the China Paper Association and Chairman of Shandong Sun Paper Industry Co., Ltd., and Zhai Jingli, Vice President of the Jinguang Group APP (China), attended the ev
Strong demand for food packaging paper, enterprises expanding production capacity and seizing the market
With the implementation of policies such as the "plastic restriction order", there is a strong demand for food packaging paper, and leading enterprises are expanding production capacity to compete in the market.
Recently, the special paper leader Xianhe Co., Ltd. (603733. SH) launched the PM10 project with an annual production capacity of 300000 tons of high-end paper based materials and successfully rolled the paper. In addition, in recent years, multiple listed pa
Analysis of the Pulp Market (4.10-4.14)
Imported Wood Pulp Market
Futures market: This week, the futures market was volatile, with port inventory at a high level, and external prices were reduced due to fluctuations. Supply side support for the pulp market was limited. Internationally, demand in overseas markets has not improved, with European port inventories accumulating in a narrow range, and inventory days in major global production countries have increased. In May, Arauco saw a silver star price of 7
How does China's paper industry respond to the challenge of "dual carbon" goals
The proposal of the "dual carbon" goal is not only a solemn commitment made by China as a responsible global power to address climate change, but also a necessary path to promote the development of a community with a shared future for mankind and the construction of ecological civilization, and to achieve high-quality development. On the one hand, the paper industry is a traditional carbon emitter, with carbon emissions second only to high energy consuming industries such as electricity, petrochemicals, chemicals, building materials, st
Analysis of the Pulp and Paper Market (4.3-4.7)
Imported Wood Pulp Market
Futures market: This week, the futures market was dominated by shocks. On Sunday, several oil producing countries, led by Saudi Arabia, will voluntarily reduce production from May, igniting the market sentiment of crude oil and boosting the wood pulp market back above 5700. However, the overall market demand is weakening and difficult to improve in the short term. As of yesterday's close, the main 2305 contract's market price was 56
The import will reach 0! This country no longer imports Russian logs and chips
As one of the main suppliers of paper products in the Nordic region, Finnish pulp mills and sawmills have long relied heavily on imported supplies.
According to data, from 2018 to 2021, Finland's total annual timber imports exceeded 11 million cubic meters, of which hardwood logs accounted for about 50%. In 2021, up to 23% of its pulp raw materials rely on foreign imports of logs and chips, mainly from neighbouring countries.
