Aug. 18, 2023
In the corrugated paper market in August, there was another price increase notice!
On August 14, Shandong Fengyuan Zhongke Paper Co., Ltd. issued a price increase letter saying that due to the continuous increase in waste paper and various raw materials, the price of finished paper has fallen below the cost, and the price of high-strength corrugated paper has increased by 50 yuan since August 15. /Ton.
Shandong Fengyuan Zhongke Paper Co., Ltd. is a leading paper-making enterprise in Zaozhuang City, with an annual production capacity of about 400,000 tons. As early as August 4, the paper company took the lead in issuing a price increase letter for base paper, raising the price of high-strength corrugated paper by 30 yuan/ton. The price was raised twice in ten days, with a cumulative increase of 80 yuan/ton, which is relatively rare in the current paper industry market.
In addition to regional-scale paper companies, many bases of domestic leading paper companies have also recently raised their prices. On August 14, Tianjin Nine Dragons Paper raised the price of all corrugated paper by 30 yuan/ton, and Guangdong Lee & Man Paper also raised the price of corrugated paper by 30 yuan/ton; on August 15, Shenyang Nine Dragons Paper announced an increase of 30 yuan for corrugated paper. Yuan / ton.
The current situation in the paper industry market is similar to that in early August. There are also large-scale paper companies participating, and the price increases are also partial. The reason for the price increase announced to the outside world is basically cost pressure and the company’s operating burden is too heavy. But from a national perspective, only for now, the price increase of base paper has not yet formed a scale.
However, from a medium to long-term perspective, August should be an important time node for the transition of the paper market from low to peak seasons. As Xu Ling, a senior analyst of the corrugated paper market of Zhuo Chuang Information, said to the reporter of Securities Daily: "Some terminal orders for the Mid-Autumn Festival and the National Day Double Festival may be released as early as late August, and there is a certain positive support for demand. .”
As we all know, in the second half of the year compared with the first half of the year, terminal consumer demand will show a relatively large increase, and at the same time domestic macro-policy regulation will also increase, which is also conducive to the expansion and release of market demand. Therefore, it is basically certain that the market in the second half of the year will be significantly better than that in the first half of the year, and it will be relatively easy for paper prices to rise.
But the main problem at present is that the imbalance between supply and demand of base paper still exists, and downstream packaging companies are more on the sidelines about paper prices. For more people in the industry, the time for a large-scale rise in paper prices may be getting closer, but it is difficult to determine how long it will be. What can be determined is nothing more than waiting for the peak season to gradually come.
The above content is compiled and reported by RX packaging for you.
