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Paper enterprises announced price increases again, What is the profitability of 2022
March 21 2022 13:24:38()


In March, the price of pulp paper increased intensively again. In terms of price increase range, cultural paper was mostly 300RMB/ton, white cardboard was 200RMB/ton, and special paper was basically 1500RMB/ton.

In terms of listed companies, Chenming paper, Bohui paper, Taiyang paper, Zhongshun jierou, Yueyang forest paper and other paper mills issued price increase letters in March. Chenming Paper announced on March 17 that the price of its cultural paper series products increased by 300RMB/ton, with a cumulative increase of 600RMB/ton in the month; The price of paperboard in Bohui paper industry increased by 200RMB/ton, and that of double offset paper increased by 300 / ton; The shipping price of household paper base paper of sun paper industry increased by 300RMB/ton, and the cumulative price increase within one month reached 500RMB/ton; Zhongshun jierou recently announced that prices of various products have been raised.

Pulp prices fluctuated at a high level.

Since November last year, the main pulp futures have fluctuated upward, breaking through the 7400 point mark in March this year, and then there has been a correction. As of the closing on March 18, the main pulp index was 6838 / ton, which is still at a high level.

Most of the pulp raw materials in the domestic paper industry come from imports. Recently, foreign giants are also frequently raising the price of pulp. American International Paper Co., Ltd. announced that it would continue to raise the external quotation of fluff pulp in April, of which the face price in North America and Europe increased by 125 US dollars / ton and the Chinese market increased by 80 US dollars / ton; In February, the price of Canadian bleached needle leaf pulp lion brand increased by 30 US dollars / ton, including 880 US dollars / ton for male lion and 900 US dollars / ton for golden lion; In the European market of Eldorado, Brazil, the outer disk of Eucalyptus broad-leaved pulp increased by US $30 / T to US $1200 / T in March, the outer disk of Eucalyptus broad-leaved pulp increased by US $30 / T to US $1410 / T in North America and US $30 / T in Asia.

2022 profit is better

 

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Recently, a number of Listed Companies in the paper industry have disclosed performance forecasts, and the revenue and net profit of head companies such as Bohui paper and sun paper have increased significantly. However, compared with the performance of the first three quarters, the profit situation in the fourth quarter is not ideal. In fact, this also reflects the general situation of the industry in the past year, that is, the business trend from high to low.

 

 

At present, the industry is still in a relatively difficult period. Due to the superposition of various factors such as the rise of coal price, the rise of chemical raw materials and freight brought by crude oil and the rise of wood pulp this year, the cost side has increased greatly. Therefore, although the price can be partially transmitted, the normal profitability of the industry has not been restored, let alone excess profitability. It is still in a relatively difficult period, but the overall trend is good.

 

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