Macroeconomics 1. [Reverse Repo] The central bank announced that, to better align with the banking system's short-term liquidity needs, the People's Bank of China will conduct

The tug-of-war between bulls and bears in the wood pulp futures market has intensified. While production cuts at overseas mills provide sentiment-driven support for the

According to the SunSirs commodity market analysis system, prices for both softwood pulp and hardwood pulp trended upward last week. As of September 4, the

On September 2, 2026, the composite benchmark price for softwood pulp on SunSirs was 4,880 RMB/ton, up from 4,765 RMB/ton on August 1, marking a

According to the SunSirs commodity market analysis system, wood pulp prices in August initially hovered at lows before rebounding rapidly in the second half of

Macroeconomics 1. [Electricity] Data from the National Energy Administration shows that as of the end of July, China's cumulative installed power generation capacity stood at 4.08

According to the SunSirs commodity market analysis system, prices for both softwood pulp and hardwood pulp trended upward last week. As of August 21, the

According to the SunSirs commodity market analysis system, last week saw softwood pulp prices initially fall before rebounding, settling into a pattern of fluctuation and

Macroeconomics 1. [Anti-dumping Duties] Pursuant to Article 50 of the *Anti-dumping Regulations*, the Ministry of Commerce recommended to the Customs Tariff Commission of the State Council

British Columbia recently declared a provincial state of emergency to combat rapidly spreading wildfires across multiple regions. As a key global production hub for NBSK

According to the SunSirs commodity market analysis system, prices for both softwood pulp and hardwood pulp experienced slight fluctuations and declines this week. As of

According to data from the State Statistics Office of the Russian Federation, the production of paper and cardboard in Russia from January to June 2026

Despite being a major pulp producer, Brazil faces "dumping" of paper products; with 43% of domestic capacity idle, local paper companies are suffering a blow

According to the SunSirs commodity market analysis system, the wood pulp market in July was characterized by a "strong expectations vs. weak reality" dynamic: softwood

Macroeconomics 1. [Energy Land Tax] The Ministry of Finance and the State Taxation Administration have adjusted the urban land use tax policy for enterprises in certain

Recently, two established paper manufacturers—one in the north and one in the south—simultaneously announced asset auctions, clearly reflecting the industry's accelerated capacity clearance and deepening

Canfor officially announced on July 15 the permanent closure of its Northwood softwood pulp mill, with the shutdown expected to be completed by the end

According to the SunSirs commodity market analysis system, wood pulp prices saw mixed movements last week: prices for coniferous pulp fluctuated with an upward bias,

Macroeconomics 1. [Reverse Repo] On July 15, 2026, the People's Bank of China will conduct an outright reverse repo operation totaling 1.4 trillion RMB. The operation