Overview of the waste paper market this week
The price trend of waste paper this week continued last week's decline, falling in a wide range. In the early stage, it was mainly concentrated in East China. Jiangsu, Zhejiang and Shandong reduced prices by 20-50 in a wide range, and some manufacturers lowered prices for two consecutive days. . On the 25th, the domestic waste market fell into full decline. Leading paper companies and large-scale paper mills led the decline, and the market had a strong bearish atmosphere. The decline on the 27th spread from north to south, and has now formed a large-scale decline across the country. predicts that there will be no positive support for domestic waste prices in the short term, and the weakness will be difficult to change.
01
The trend of the waste paper price index increased this week
This week, the domestic waste paper market trend fell sharply, and the downward adjustment range gradually expanded .
As of the morning of May 27 (this Friday), the waste paper price index was 2272.15 points, which was 14.69 points lower than last Friday's 2286.84 points.
02
Shanying Department A-level purchase price trend
This week, Shanying Department first-level paper purchase prices were all reduced .
As of the morning of May 27, Zhejiang Shanying has lowered its price by 50 yuan/ton, Anhui Shanying has lowered its price by 50 yuan/ton, Fujian Shanying has lowered its price by 50 yuan/ton, and Hubei has lowered its price by 60 yuan/ton.
Shanying series A-grade prices are highest in Fujian Shanying, at 2,590 yuan/ton; Anhui Shanying and Hubei Shanying are tied for the lowest, at 2,550 yuan/ton.
03
The first-level purchase price trend of the Department of Science and Arts
This week, the purchase price of first-level paper of the Department of Science and Arts Guangdong Lee and Man, Jiangxi Lee and Man, and Jiangsu Lee and Man were all lowered.
As of the morning of May 27, Guangdong Lee & Man has dropped by 50 yuan/ton, Jiangxi Lee & Man has dropped by 20 yuan/ton, and Jiangsu Lee & Man has dropped by 30 yuan/ton.
The first-grade paper of the Department of Science and Arts in Guangdong is the highest, with a price of 2,650 yuan/ton; the price of Chongqing Lee & Man is the lowest, with a price of 2,430 yuan/ton.
04
Nine Dragons series A-grade purchase price trends
This week the Nine Dragons series A-grade paper purchase prices are Guangdong Nine Dragons, Hebei Nine Dragons, Tianjin Nine Dragons, and Liaoning Nine Dragons have all been reduced.
As of the morning of May 27, Guangdong Nine Dragons has lowered its price by 30 yuan/ton, Hebei Nine Dragons has lowered its price by 30 yuan/ton, Tianjin Nine Dragons has lowered its price by 30 yuan/ton, and Liaoning Nine Dragons has lowered its price by 30 yuan/ton.
Nine Dragons series A grade, Guangdong Nine Dragons has the highest price, 2540 yuan/ton; Liaoning Nine Dragons has the lowest price, both 2120 yuan/ton.
Weekly News
01
Zhangzhou Liansheng Pulp and Paper's annual output of 1 million tons of white cardboard machine will be trial-produced in March next year
On the morning of May 12, 2022, Liansheng Pulp and Paper (Zhangzhou) Co., Ltd. held a grand ceremony The PM 1 paper machine installation and groundbreaking ceremony was held. Xue Rongjun, Vice President of Liansheng Pulp and Paper Company, Huang Ju, Vice President of White Cardboard, Li Shengzong, General Manager of Yongjiayu Installation Company, Jiang Youqing, General Manager of South China Area, Wei Wuyuan and Yang Jun, Project Department Managers, and project leaders of Liansheng Pulp and Paper Project Preparation Office People and builders attended the installation commencement ceremony together.
02
A corrugated paper smart factory in Shaoxing, Zhejiang is under construction and is expected to be completed by the end of the year.
According to the news, the construction of Shaoxing Dingrun Packaging Co., Ltd.'s annual output of 200 million square meters of packaging materials smart manufacturing project is in full swing. "This will be our smart factory by then, and the pouring of the first floor has basically been completed." Yu Lei, general manager of Company, revealed that the project is expected to complete completion acceptance by the end of this year and achieve trial production before the Spring Festival.
03
The market is sluggish, and Rongcheng has shrunk by 83.1% in pre-tax profits in the first four months of the year.
A few days ago, Rongcheng Paper announced its revenue for the first four months of this year.Data show that from January to April, Rongcheng Paper's cumulative revenue was 17.901 billion yuan, an annual increase of 19.6%; however, its self-deposited pre-tax surplus was 137 million yuan, a sharp decline of 83.1% from 815 million yuan in the same period last year, and converted into net profit per share. Gain 0.11 yuan.
04
Leading paper companies failed to take the lead in raising prices, and corrugated paper prices returned to lows!
Currently, as the weekend approaches and the price of waste paper drops, the number of paper mills begins to increase, and the inventory of waste paper in paper mills is relatively stable. However, the leading paper companies in the corrugated paper market have failed to take the lead in raising prices, and prices have returned to low levels. It is expected that the prices of waste paper and corrugated paper will continue to fluctuate and adjust in the short term.
05
Chongqing Nine Dragons Paper and other 20 companies were selected as the "Top 20" Jiangjin Industrial Enterprises
A few days ago, news came from the District Economic and Information Committee that the "Top 20" and "Top 20" lists of Jiangjin Industrial Enterprises in 2021 have been released. Nine Dragons Paper (Chongqing) Co., Ltd. and other 20 companies were selected as the "Top 20" Jiangjin industrial enterprises, and 20 companies including COFCO Cereals and Oils Industry (Chongqing) Co., Ltd. were selected as the "Top 20" Jiangjin industrial enterprises.
06
The prices of base paper at Nine Dragons’ four major bases have been reduced almost across the board, and other paper companies have lowered paper prices by 300 yuan/ton.
is still in the traditional off-season, coupled with the impact of poor logistics and transportation, dealers and downstream stocking mentality are still cautious, and the market has a strong wait-and-see atmosphere.
07
Shanying Paper Jilin project construction has launched the "acceleration run" mode, with four projects working together
Since 2022, Shanying Paper (Jilin) Co., Ltd. has adhered to the premise of epidemic prevention and control in accordance with the deployment requirements of the Fuyu Municipal Party Committee and Municipal Government. Next, we will keep an eye on the goal without relaxing, actively seize the construction progress, and start the "acceleration running" mode with all our strength.
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