Paper industry or continuation of weak repair

Paper industry or continuation of weak repair

Financial Associated Press, June 22, reporters from the Financial Associated Press learned from many sources best chocolate gift boxes that in the second quarter of this year, the overall demand for the paper industry box godiva chocolate was under pressure, and only household paper and other industries were relatively prosperous.

As the traditional peak season of Q3 is approaching, pulp purchases are still light, and paper box of chocolates gift companies mainly consume low-priced stocks in the early stage. The industry expects that the Q3 market boxed chocolate brands will hardly improve significantly, or it will show a trend of coldness and then warming.

It should be noted that although demand continues to suppress the rebound of raw material pulp, overseas pulp mills boxed chocolate cake have recently reduced production and raised prices frequently, and their willingness to raise prices has become significantly stronger

As the price of packaging paper boxes for chocolates continues to decline, the packaging paper industry is also accelerating its reshuffle, and there is a tendency to concentrate on top companies.

Recently, there have been news of the closure of small and medium-sized boxboard and corrugated paper chocolate truffle box companies in the south of China. At the same time, leading paper wholesale chocolate boxes companies including Nine Dragons Paper and Shanying International are actively expanding production capacity.

According to Zhuo Chuang Information, from 2023 to 2025, there will be 8 million tons of new production capacity for container board and corrugated paper box of chocolate candy, of which the new production capacity will be more in 2023. It is planned to increase the production capacity of 4.9 million tons of container board paper and 1.3 million tons of corrugated paper. The supply landscape will be looser. The new production capacity is mostly concentrated in leading enterprises. According to the statistics of Zhuo Chuang Information, from 2023 to 2024, Nine Dragons Paper and Shanying International will expand their production capacity to 2.05 million tons and 1 million tons respectively.

According to the analysis of Debon Securities, with the tightening of environmental protection policies, the “ban on waste” raising the threshold of the industry, and the implementation of the zero-tariff policy for imported paper, domestic leading corrugated paper companies are seizing the time window to quickly invest in pulp and paper cheap chocolate boxes production capacity at home and abroad. Improving the ability to control upstream resources and control costs will further seize market share.

In this regard, Zhang Xinyuan, secretary-general of the Co-Found think tank, said in an interview with a reporter from the Securities Daily that the increase in industry concentration is the inevitable result of the reshuffle of packaging paper and other industries. “At present, the competition in packaging paper and other industries is fierce, and the market share is scattered. However, some leading enterprises have begun to increase industry concentration by strengthening mergers and acquisitions, resource integration, etc., and further strengthen their own competitive advantages and market share.” Zhang Xinyuan said, the future , with the intensification of market competition and the acceleration of industry reshuffle, the industry concentration is expected to be further improved and concentrated, and the competitive advantages of leading enterprises will also be further consolidated and strengthened.

However, in the view of the above-mentioned relevant person in charge of Sun Paper, small and medium-sized paper companies will still maintain a certain living space due to factors such as the layout radius of leading companies and freight costs.

In an interview with reporters, Hong Tao, a professor at Beijing Technology and Business University, believed that my country’s “plastic ban” will be fully implemented in 2025, coupled with the rapid and active national consumption in 2023, it will promote the reorganization of my country’s packaging paper industry. “Leading enterprises will play an increasingly important role, and small and medium-sized packaging paper enterprises will also open up market space for characteristic development.” Hong Tao said