The hottest paper enterprises urgently need future

2022-08-13
  • Detail

Paper enterprises urgently need futures tools to avoid risks. The launch of futures coincides with the time

release date: Source: China paper industry browsing times: 2163 copyright and disclaimer

core tip: [China Packaging News] in recent two years, from the fourth quarter to the beginning of the next year, paper prices have always gone out of a calf market. This year, with the "peak season" coming again, paper prices seem to have no intention of rising

[China Packaging News] in the past two years, from the fourth quarter to the beginning of the next year, paper prices have always gone out of a calf market. This year, with the "peak season" coming again, paper prices do not seem to mean to rise

paper prices are particularly cold this winter

according to the data of business agency, last week, the overall price of waste paper was reduced by yuan/ton. As of last Saturday, the average market price of waste yellow paperboard was 2244.29 yuan/ton, down 3.08% from the beginning of the week. The average ex factory price of corrugated base paper was 3743.33 yuan/ton, down 1.32% from the beginning of the week

insiders pointed out that the waste paper market has been in a downturn recently. Although it rebounded in early October, the rebound was obviously weak, and has now returned to a low level. The depressed market of waste paper also dragged down the price trend of corrugated base paper. At this time in previous years, paper prices have begun to take off. Accordingly, paper stocks are also the "sweet pastry" of many investors' self selected stocks in winter

it is understood that relevant policy changes are the main reason behind the sluggish paper price season this year. However, in the past two years, under the management of policies such as the implementation plan for prohibiting the entry of foreign garbage and promoting the reform of solid waste import management system, and the regulations on the environmental protection and management of imported waste paper, the supply of waste paper as a raw material of China's paper industry has been limited, and the price has been rising all the way

but this year the situation is very different. According to the newly released catalogue of imported waste management, waste paper is not among the 32 kinds of solid wastes that have been banned from import since December 31, 2019

this also means that China will still allow the import of waste paper by 2021. Affected by this, the price of national waste has been falling all the way, which directly leads to the pressure on the price of base paper

used to be the "sweet pastry" among the optional stocks of investors, but now it is neglected. In the first two trading weeks of October, the A-share paper sector fell by 12.11% and 4.08% respectively, significantly underperforming the Shanghai Composite Index in the same period. In order to ensure the performance of vanadium electrolyte

enterprises urgently need futures tools to avoid risks

under the sharp fluctuation of waste paper price, paper enterprises can't afford to be disturbed. Some analysts explained that since 2000, almost all the new carton board paper in China (the software manual has the operation instructions and illustrations on how to create a new record) has come from recycled fiber. However, due to the poor sorting and recycling of domestic waste paper, China's paper enterprises have long relied on imported recycled paper to maintain production. The fluctuation of waste paper price is closely related to the survival of enterprises. In this year's downturn, problems such as small and medium-sized paper mills' preemptive de stocking and shipment, and large paper mills' difficulties in de stocking have become prominent, and enterprises urgently need relevant risk aversion tools

wood pulp is one of the major bulk trade commodities in the world. 9 Click the analysis button on the software to see the corresponding experimental results of commodities that are not traded in the mature futures market. Among China's high share of global bulk commodity imports of iron ore, soybeans, rubber and wood pulp, only wood pulp has no futures market at present. China, Western Europe and the United States are the three major pulp markets

it is understood that pulp is the raw material of papermaking. According to the process method, pulping can be divided into chemical pulping, chemical mechanical pulping and mechanical pulping. Pulping raw materials usually include wood, bamboo, non wood (including rice, wheat grass, reed, fern residue) and waste paper. The global downstream pulp includes: global household paper, global uncoated cultural paper, global coated cultural paper, global paper, global box board corrugated, etc

in addition, China's annual consumption of various types of paper is 110 million tons, per capita in kilograms, higher than the world average of 57 kilograms

it is understood that the CSRC has recently approved the Shanghai Futures Exchange to carry out pulp futures trading, and the contract is officially listed for trading on November 26, 2018. Insiders said that the price of waste paper fluctuated violently, and the demand for risk avoidance of enterprises soared. The launch of pulp futures coincided with the time, which helped improve the industry ecology and increase the resistance of paper enterprises to risks

Copyright © 2011 JIN SHI