With the advent of high season and high raw material prices, the paper industry will welcome an overall price increase.
According to the China Securities Journal on September 21, a researcher from Baichuan Information Paper Industry Co., Ltd. told the China Securities Journal that: “The peak season of the paper industry has come. There are more holidays from September to the end of the year, and the shopping boom has triggered an increase in demand for paper products. Waste paper, pulp, etc. The raw material prices remain high, and the industry is facing an overall price increase. At present, paper-making companies are basically in a zero inventory situation, and downstream companies are rushing to sell goods.â€
With respect to corrugated boardboard, the import and export quotas for external wastes were tight, and the inventory at the industrial chain was low, and the demand for superimposed festivals was booked in advance. In early September, the price of boxboard corrugated paper rose sharply. In the absence of new approval quotas, the boxboard corrugated paper price will be supported from the cost side. Even if a new batch of foreign waste allowances is released, the paper price will be difficult to drop at a high level.
According to industry sources, the second batch of additional credits is limited during the year, which is at most 10% of the annual foreign credit limit, and it takes 1.5-2 months for overseas waste paper to land. With stricter environmental protection regulations and increased demand during the peak season, boxboard corrugated paper will remain in tight supply and demand in the fourth quarter.
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