Friday, June 24, 2022

Strong Consumption Insufficient to Boost Packaging Paper Demand

"Before and after the China '618' shopping festival used to usher in a wave of strong demand for paper packaging in the past." Mr. Shi, the head of a company specializing in paper packaging in Zibo, Shandong, told the "Securities Daily" reporter. But in fact, the recent trend of the packaging paper industry, especially the white cardboard market, is weak.

"The overall market demand is insufficient, and the industry is also in the off-season, so the upward trend is weak." Industry analyst Kong Xiangfen told the "Securities Daily" reporter. Although the pulp market has been loosened at a high level recently, the overall cost is still at a high level, so large-scale enterprises will continue to hold on to the paper price and market. In the short term, the space for the white cardboard market to continue to decline is relatively limited.

Paper Packaging

The reporter learned from the leading white cardboard paper companies such as Bohui Paper that after the price increase of 200 yuan/ton from June 15, the white cardboard scale enterprises will raise the paper price by 300 yuan/ton from July 1.

Strong Consumption Insufficient to Boost Packaging Paper Demand

"Before and after the China '618' shopping festival used to usher in a wave of strong demand for paper packaging in the past....