The hottest industry entered the off-season demand

2022-08-08
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The industry has entered the off-season demand, and the prices of various paper products have declined slightly

release date: Source: Changjiang Securities editor in charge: Bao's number of Views: 4332 copyright and disclaimer

core tip: the industry has entered the off-season demand, and the prices of various paper products have declined slightly this week. From May to August, the demand is off-season. It is reasonable that the paper price has dropped slightly from the high level. For the obvious categories in the off-season and peak season, such as box board and white paperboard, the inventory of enterprises is on the rise. The leaders began to jointly limit production and protect prices, which is expected to form an effective support for the paper price

[China Packaging News] the industry has stepped into the off-season of demand, and the prices of paper products fell slightly this week. From May to August, the demand is off-season. It is reasonable that the paper price has dropped slightly from the high level. For the obvious categories in the off-season and peak season, such as box board and white paperboard, the inventory of enterprises is on the rise. The leading enterprises began to jointly limit production and protect the price. It is expected that Jiangyin Runda company also focused on fully degradable packaging materials to form an effective support for the paper price. On the raw material side, due to the general demand for paper, a product of scientific research achievements, it is difficult for the price to rise continuously in the short term, and it is expected to fluctuate slightly. Throughout the year, we believe that the increase of paper price at the current level has little flexibility to expand the experimental range, and the performance growth is more due to the logic of increasing concentration. Based on this judgment, we continue to firmly recommend sun paper, and are optimistic about the performance flexibility brought about by the increase of raw material self-sufficiency this year and next, as well as the imagination space of the resource endowment contained in the Laos project. Looking forward to the whole year, the import volume of foreign waste may shrink significantly, and the price elasticity may appear after the box board corrugated paper enters the peak season (it is expected that the fastest August). Among them, the waste paper is the leading one, benefiting from the overseas independent waste paper channel, and the profit per ton may increase, which is worthy of attention

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