Huge loss for half a year, white cardboard continued to “lose blood”, paper mills raised prices twice within a month to save profits

Huge loss for half a year, white cardboard continued to “lose blood”, paper mills raised prices twice within a month to save profits

“At the beginning of July, Baika issued a round of price increase letters, raising 200 yuan/ton, but the market price did not change much afterwards. This time, it sent a letter to raise 200 yuan/ton. The two price increases are actually only equivalent to one. The effect of this landing will continue to be observed.” An industry insider told a reporter from the Financial Associated Press. boxing club release date

Recently, there has been a new round of price increases for white cardboard, including Chenming Paper (000488.SZ), Bohui Paper (600966.SH), Wuzhou Special Paper (605007.SH), APP (Silver Paper), A number of paper companies including Wanguo Paper announced that they would increase the price of white cardboard (including food-grade white cardboard) by 200 yuan/ton. charizard premium collection box release date

Lost for half a year, Baika is eager to restore profitsdate night mystery box

For the new round of price increases, Zhuo Chuang Information analyst Kong Xiangfen said: “If the terminal demand improves and orders increase, we expect this price increase to land at 100 yuan/ton-200 yuan/ton, which is a relatively optimistic expectation.” According to her, as the end demand has not yet picked up, the effect of the previous round of price increases is not ideal, and the implementation of the new round of price increases remains to be seen. chess boxing date

From the perspective of paper companies, the white cardboard market was bleak in the first half of the year, and the willingness to raise prices to restore profits in the second half of the year is very strong. “The profit of ordinary white card is really not good. We must raise the price to repair the profit. We want the profit to return to a reasonable range. The price of pulp is also going up slightly (increased cost pressure).” A person from a paper company said. data set box plot

In the first half of this year, the performance of white card among the main paper types lagged behind, and the performance of related listed companies also suffered substantial losses. Chenming Paper and Bohui Paper are expected to lose more than 650 million yuan and 380 million yuan, hitting new lows for many years. Under the huge operating pressure, a number of paper companies have been quite serious in their latest price increase letters, pointing the finger at product prices that seriously deviate from product value, and the price increase is aimed at maintaining normal market order. dates in a box

The oversupply of paper companies has weakened their bargaining power

A reporter from the Financial Associated Press learned that since July, paper mills have successively stopped production for maintenance, and the short-term supply contraction has created favorable conditions for white cardboard manufacturers to raise prices. However, short-term supply reduction is difficult to reverse the current situation of oversupply, and the sustainability is facing a test. Kong Xiangfen pointed out that in the second half of this year, 1 million tons of new production capacity is expected to be released. date boxes for couples

With the substantial increase in white cardboard production capacity in recent years, the bargaining power of paper companies has weakened. There is a point of view that if white cardboard cannot improve profits through price increases, the continuous inversion of profits may force paper mills to consider reducing production quotations. In this regard, the above-mentioned people from paper companies believe that each company has a different competitive strategy. “Some want to maintain volume, and some want to maintain profits. It is still difficult to reach a consensus.” date night at home box

According to the market data, based on the current market price, the gross profit of white cardboard in July is basically the same month-on-month. However, considering the inventory factors of paper companies, the industry speculates that the actual raw material costs of paper companies should decline compared with Q2, which will promote the gradual recovery of product gross profit. Among them, the space is obviously relatively limited, and it is difficult to support the overall recovery of paper companies’ profits. date night box no subscription

Among other major paper types, cultural paper underwent a round of price increases in mid-July, with the same range of 200 yuan/ton. Driven by the recovery of terminal orders, the price increase was relatively smooth. The prices of household paper and specialty paper are generally stable. The former has relatively good profitability this year, and the operating rate of paper companies is relatively high. date night box for couples