Golden Paper Company Limited

The price of wrapping paper has been fully raised, the peak season of paper industry is coming

Recently, paper enterprises set off a tide of price increases, including the price of wrapping paper. Industry insiders believe that the industry gradually entered the peak season in August, driven by the holiday effect and scale paper mills, the demand side or there are growth expectations.


From the price adjustment letter issued by various paper companies, the price adjustment of many paper companies has been implemented from August 1, among which, the price increase of corrugated base paper, box board paper and other paper species is about $5 per ton.


Box board and corrugated paper market is expected to achieve a small rebound after entering August, in the demand side, in late August paper mills into the Mid-Autumn Festival stocking season, finished paper sales will increase. At the same time, the cost side will also support the price trend of wrapping paper.


Since the beginning of this year, pulp prices have risen and then fallen, and pulp futures prices have risen from the bottom in early February (about $810 tons) to the high point in May (about $915 tons). Due to the impact of raw material prices, production and operating costs and other factors, as early as March to April this year, many special paper companies at home and abroad have raised the price of their special paper products. Previously, a special paper company said that the supply and demand of special paper are relatively balanced, and can follow the cost of wood pulp to the downstream transmission cost pressure, while the demand is stable this year, and the production and marketing are more smooth.


For the performance changes, the relevant companies mentioned cost control, market demand growth and the corresponding price increase strategy. In addition, overseas markets have grown steadily, bringing stable earnings. With the gradual recovery of market demand, the company implemented a price increase strategy for corresponding products.

 

Industry insiders said that in the second half of the Mid-Autumn Festival, National Day, Denier and other festivals, national consumption will drive the overall improvement of downstream consumption, wrapping paper is expected to benefit. With the price increase in the peak season is expected to improve the profits of paper enterprises, while the head enterprise with the integrated layout of forest pulp and paper, the advantage of raw materials can cover the cost increase, and the profit of related paper enterprises is expected to remain stable.


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