According to a report from Bloomberg of the United States on the 6th cited by CCTV Finance,
the world's largest pulp manufacturer
Susano Paper and Pulp Company, headquartered in Brazil , recently issued a warning that
global pulp stocks have been declining sharply and
supply is facing shortages. ,
This may lead to price increases for essential items such as paper towels and toilet paper
in the future.
Susano Paper and Pulp, headquartered in Brazil, is Latin America's largest vertically integrated pulp and paper producer, with pulp production capacity accounting for approximately one-third of global supply.
Image source: Visual China
The world's largest pulp producer issued a warning
Walter Schulka, CEO of Brazil's Susano Paper and Pulp Company, said in an interview recently that Russia is an important timber supplier to Europe. , due to the ongoing conflict between Russia and Ukraine, the timber trade between Russia and Europe has been completely blocked.
The production capacity of European pulp producers, especially those located in Scandinavia ( Denmark , Norway , Sweden ), will be curbed. Shulka also said that not only his own company, but also the global pulp inventory is gradually decreasing, and supply interruptions may occur at any time.
Even before the outbreak of the Russia-Ukraine conflict, the raw material pulp market was already relatively tight. The problem of insufficient container capacity is particularly serious in Brazil, where a large amount of sugar, soybeans and coffee are waiting to be exported, leading to continued increases in freight rates.
After the outbreak of the Russia-Ukraine conflict, food and energy prices soared, which not only increased the transportation cost of Brazilian pulp, but food also squeezed the pulp transportation capacity. packaging paper, diapers and toilet paper are currently facing the risk of rising prices, and is expected to cause a new round of blow to consumers.
Shulka said that Latin America's demand for pulp is experiencing explosive growth, but manufacturers in this region no longer have the additional capacity to receive new orders, and factories everywhere are already operating at full capacity, and market demand It has already exceeded the affordability of existing manufacturers.
Shulka also added that for people, paper towels are a necessity of life, and even if the price of increases, it will not have an impact on market demand.
The main domestic pulp contract is close to a record high
According to interface news, the main domestic pulp contract is close to a record high, and household paper prices may rise accordingly.
Longzhong Information pulp industry analyst Shi Haiyan told reporters that the average annual global pulp inventory last year was 41 days , and the current inventory is lower than this level.
Affected by the shortage of pulp supply, domestic pulp futures prices have continued to rise this year. As of the close of trading on May 7, the main pulp contract closed at 7,280 yuan/ton, up nearly 20% from the beginning of the year and close to the highest level in history.
Although upstream pulp prices continue to rise, the domestic downstream terminal household paper market has not yet increased prices.
Currently, domestic tissue paper production capacity is overcapacity, and due to the impact of the epidemic, downstream demand-side consumption has weakened. Duan Mengyu, a household paper industry analyst at Longzhong Information, said that "With supply exceeding demand, the price of terminal paper for household paper has risen relatively slowly."
Huachuang Securities research report shows that
domestic household paper prices Among enterprises, the four leading enterprises
Zhongshun Jierou , Hengan International, Golden Hongye, and Vinda International
occupy a dominant position.
Interface News reporter inquired
Zhongshun Jierou, Hengan International
online flagship store and other channels,
the sales prices of paper towels in the above stores have not been adjusted yet.
END
Source: CCTV Finance, Jiemian News, Daily Economic News
Editor: Xiao Tufang
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