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Several listed paper companies announced that the price increase involved gray board paper, white cardboard and other paper types

Several listed paper companies announced that the price increase involved gray board paper, white cardboard and other paper types
Recently, a number of listed paper companies announced price increases. After Jiangsu Kaisheng Paper announced a price increase of 50 yuan/ton for its grey board, the three major white paper manufacturers Bohui Paper, Sun Paper and Chenming Paper sent a price hike letter at the same time, saying that from February 15, the price of white paper will rise by 100 yuan/ton. Paper box packaging paper box custom gift box white card
All companies cite cost as the reason for the increase. In a price hike notice sent to customers, Bohui Paper said the factory’s production costs had increased significantly due to higher operating costs and a variety of factors. Art paper packaging paper box special paper
Sun Paper will raise the price of all coated and uncoated cultural paper by 100 yuan/ton since February 15, and raise the price by 100 yuan/ton on the basis of the above adjustment since March 1. From February 20, the company also increased the shipping price of household paper by 200 yuan per ton. Wuzhou Special Paper also raised the price of its digital paper and single-light white kraft paper in February.kraft white kraft paper brown kraft paper
In fact, the domestic paper industry last year did not go well. According to the data of the National Bureau of Statistics, from January to November 2022, the operating revenue of paper and paper products enterprises above designated size was 1.7652 billion yuan, up 1.2% year on year, the operating cost was 1216.86 billion yuan, up 4.1% year on year, and the total profit was 47.8 billion yuan, down 38.6% year on year. By November 2022, the number of loss-making paper and paper products unit enterprises was 1,936, up 37.5 percent year on year. The number of losses hit the highest in nearly three years.chocolate gift box dessert box duplex grey cardboard
Since the beginning of this year, a number of listed companies in the paper industry released an annual performance forecast for 2022, showing that the overall performance of paper enterprises last year was under pressure, with a sharp decline in profits. Chenming Paper is expected to achieve a net profit of 160 million yuan to 200 million yuan in 2022, down 90.32% to 92.25% compared to the same period last year; Bohui Paper is expected to achieve a net profit of 221 million yuan to 290 million yuan in 2022, a decrease of 83% to 87% compared with the same period last year; Hong Kong stock Liman Paper issued a profit warning that it expects 2022 earnings to fall about 60 per cent from 2021.top-base box,drawer box jewellery box cigar box,cylinder box,gold stamping ,Glossy/Matt lamination pastry box.


Post time: Feb-28-2023
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