Market Preference Waste Paper Industry Chain Dilemma Will not last
Domestic waste paper industry chain bears panic atmosphere,there are still strong bearish expectations,the market needs time to break away from panic mentality,the price of national waste yellow paperboard is still possible to fall in the year,but China's export and consumption still maintain a stable and positive situation,so as to see the plight of all aspects of the waste paper industry chain management will not exist for a long time.
In 2019,the basic operation of the national waste yellow board market has changed.Compared with the impact of the sharp reduction in the supply of foreign waste,the price of the national waste yellow board increased first and then decreased in January-May 2019,mainly due to the pressure of terminal demand.
First of all,the consumption of waste yellow board decreased year on year.According to the statistical data,the total consumption of waste yellow board decreased by 2.10%from March to May 2019.From the market performance,we can see that the main reason for the decline in the consumption of waste yellow board paper is the decrease in the demand for finished paper,and the other reason is that the import of finished paper and waste pulp has increased significantly in the low base year on year.
Moreover,the market paper enterprises are not interested in purchasing,and the stock level of standing domestic waste paper in 2019 is lower than that in 2018.Under the background of rapid reduction of imports of foreign wastes,there is no doubt that the demand for finished paper has decreased more seriously,which makes the purchase and stock mentality of paper mills remain cautious for a long time.
In the above context,the profit of finished paper continued to decline.Since March 2019,the operating range of corrugated paper wool interest rate in China is between 7%and 12%.The pressure of production and operation of paper mills is high.The production of domestic packaging paper enterprises has entered a dilemma,and the root cause of the dilemma mainly comes from the changes in the demand for finished paper.
Generally speaking,with the obvious fluctuation of Sino-US trade relations,the expectation of market operators is pessimistic,which reduces the flow rate of finished paper in the closed cycle of industry,makes the price of waste paper lower and may continue to decline in the year,but at the same time,China's economy has remained stable for a long time,and does not support the long-term plight of all sectors of the waste paper industry chain.