APP guangjin group (Ningbo Jingui paper mill)
Affected by the sharp rise in the prices of raw materials such as wood pulp, coal and chemicals, the company's comprehensive operating costs have risen sharply. For all products produced by Ningbo Zhonghua Paper Co., Ltd./Ningbo Asia Pulp & Paper Co., Ltd. and Guangxi Jingui Pulp & Paper Co., Ltd., the price will be increased by 500 yuan/ton (including tax) from February 20021year and March 20021year.
Universal paper industry
Due to the rising price of raw materials and the pressure of the production cost of our products, in order to ensure the continuous and stable provision of high-quality products and services to customers, our company has decided to:
Since 2002 1 and1,all products of our company, such as white cardboard, coated cardboard, cigarette cardboard and food cardboard, have been raised by 500 yuan/ton on the basis of the current implementation price. From February 26th, 20021year, all products will be increased by 500 yuan/ton on the basis of June price of 5438+0.
Shanghai Chenming paper industry
Affected by the rising prices of bulk materials and raw materials, our company's operating costs have increased significantly. In order to ensure continuous and stable quality products for customers, through research, the price of white card and copper card products of our company has been increased by 500 yuan/ton since June 25th, and by 500 yuan/ton since February 25th.
Bohui paper industry
Affected by the operating costs and the sharp price increase of various raw materials, the price of "white card/copper card/food card" series products is planned to increase by 500 yuan/ton from 202 1 26. Since February 26th, 202 1 and 500 yuan/ton have been raised again.
There are several reasons why the price of white cardboard keeps rising.
First, the industry concentration rises and then stabilizes. In 2020, the production capacity of the top three enterprises in the industry accounts for 82% of the whole industry, and the top three leading enterprises account for 65%. It is estimated that this high concentration will be difficult to break through before the third quarter of 202/kloc-0.
Second: the cost is good. From June 5438 to February 2020, the price of wood pulp began to rise. Against the background of rising costs, the increase of white cardboard recovered to 500 yuan/ton.
Third: policies are good for demand. Under the background that the plastic restriction order is upgraded to the plastic ban order, the market is generally optimistic about the substitution of food cardboard in disposable lunch boxes and other fields. According to market research, it can alleviate the pressure of white cardboard production by about 20%.
Fourth: the short-term benefits of substitutes. In recent years, the paperboard production capacity in Fuyang, Zhejiang Province has been declining year by year. In addition, all grades of cardboard are in short supply. In 2020, the supply of low-end paperboard began to increase gradually. However, due to the limitation of raw materials and equipment, high-end cardboard presents a general trend of "white cardboard replacing cardboard", and Yun Fan cardboard came into being.
At present, the profit of white cardboard is around 40% and will continue to increase. Attracted by high profits, in the short term, most paper mills do not have a Spring Festival maintenance plan at present, and their production enthusiasm is generally high, so some will be overhauled at the end of the month. In the long run, the production capacity of white cardboard will increase explosively in the next five years, which will not only expand the output of existing white cardboard enterprises, but also attract white cardboard head enterprises to enter the white cardboard market. This year, most of the new capacity will be put into production in the third quarter of 2002/KLOC-0, and the later period will mainly be from the second half of 2022 to 2023. Therefore, the price pressure of new capacity will appear in 2022-2023. Before the production capacity is put into production, the production enterprise shall not increase the price.