The 19th International Pulp & Paper Industry Expo-China

The 19th International Pulp & Paper Industry Expo-China

May 28th to 30th | Poly World Trade Center Expo, Guangzhou, China

Days Left to the Opening Date

The 19th International Pulp & Paper Industry Expo-China
Good news for the paper industry

Good news for the paper industry

Time:2023-01-28

Source:Paper Expo China

Author:Paper Expo China

 

Statistics show that the output of machine-made paper and board in the January-November period of 2022 was 124.943 million tons, down 0.9 percent year-on-year. The operating revenue of paper and paper products enterprises above designated size was 1,376.52 billion yuan, up 1.2% year-on-year.

Recently, A share paper printing sector of some quality enterprises have taken the lead in rising stock prices, indicating that market investors have paid attention to the relevant enterprises' fundamental positive signals.

Yueyang Forest Paper, which specializes in cultural paper, saw its share price rise by more than 15% in January, while Xianggang Technology, which specializes in food packaging paper, saw its share price rise by more than 17% and Chenming Paper by more than 2% in January.
 


In Hong Kong stocks, Liwen Paper, Nine Dragons Paper two companies rose for nearly 3 months in a row, foreign investors have been highly concerned about and keen interest in China's paper industry.

Throughout 2022, pulp futures prices remained high, bringing cost pressure to some paper manufacturers. In 2023, UPM of Finland and Arauco of Chile will expand their production capacity, which will add nearly 4 million tons to the global pulp market and alleviate the global pulp supply shortage to some degree.

At the same time, the domestic paper mills did not wait for the price reduction, but actively seek a variety of supply ways, the domestic social pulp inventory has increased significantly, and the bargaining power of international suppliers has increased.

Coupled with the shipping costs since November 2022 significantly lower, this is good news for the domestic paper industry.

In 2023, with the decrease of pulp price, the reduction of shipping costs, and the optimization of China's domestic epidemic prevention policy, it is expected that cultural paper and industrial paper will have a boom. The industry insiders hold a positive attitude towards the market of paper industry in 2023.
 

 

From May 30th to June 1st, the 18th Guangzhou International Paper Exhibition & Guangzhou International Paper For Plastic and Pulp Molding Exhibition will be held in Pazhou Poly World Trade Expo.