Paper prices have fallen and inventory will be "stopped for maintenance" when multiple packaging paper companies are selected within two years

Our reporter Wang Yan Packaging Paper (corrugated paper, cabinet paper, etc.) prices are "falling endlessly". At the same time, due to the demand for non -stimulating finished Chinese paper inventory, the packaging paper mill has helplessly set off a round of "shutdown and maintenance tide" to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, to stabilize the price, and to stabilize the price, the price is stable, and the price is stable, and the price is stable, and the price is stable. Reasonably adjust the inventory and wait for the traditional peak season. Data from the National Bureau of Statistics show that starting in mid -April, the average price of corrugated paper fell from 3812.5 yuan to 3558.9 yuan in mid -July, and there was no signs of bottoming out. On July 29, there were more than 130 packaging paper companies in the country. Faced with the high inventory pressure that has reached two years of high levels, in recent days, in recent days, paper factories such as Nine Dragons (Dongguan Base), Shanying International, Dongguan Liwen, Dongguan Jinzhou have released a shutdown letter. The "shutdown and maintenance tide" of the packaging paper industry began in South China, and continued to spread. Zhu Yanshu, an analyst of Zhuo Chuang Information, introduced the "Securities Daily" reporter that in fact, since the second quarter, corrugated paper companies in South China have shown a lower level. Starting in April, it has shown a decline in a year -on -year decline for three consecutive months. The reason behind it is mainly because the cost pressure is large, the profit level is declining, and the demand is not as good as expected. However, the industry analysis is expected to gradually recover in the third quarter as the demand season comes. A number of paper companies announced the shutdown maintenance on July 26. Nine Dragons Paper issued a shutdown letter, saying that due to the maintenance of the thermal power unit for maintenance, some of the company's Dongguan base machines need to take turns to stop cooperation, and announced that the base was shut down from July to August for maintenance and maintenance. s plan. "Securities Daily" reporter noticed that within one month from July 27 to August 26, 14 paper machines on the base will be shut down, which mainly affects the normal production of beef and corrugated paper, corrugated paper, and whiteboard paper. And market supply. According to the real estate capacity of the base, this round of shutdown is expected to reduce the production capacity by nearly 160,000 tons. On the same day, Shanying International also issued a notice of shutdown maintenance. Its eight paper machines in the five major production bases of Anhui, Zhejiang, Central China, South China, and Guangdong will be suspended for 7-31 days from July 27th to August 31st. It is expected to affect the production capacity of 128,000 tons; Dongguan Religion announced that due to the maintenance of machinery and equipment, it is planned to stop the two paper machines in August. It is reported that these two paper machines are specifically produced by jenuine and cardboard. If it is stopped for one month, it is expected to affect the production capacity exceeding 50,000 tons. Since then, on July 27, another papermaking giant in Dongguan has also joined the "shutdown and maintenance tide". After that, many small and medium -sized enterprises have also joined one after another. According to incomplete statistics, as of now, there has been a shutdown plan in Dongguan. Paper companies are more than 10. Not only is it limited to South China. From July 27th to 28th, after the Dongguan base, Nine Dragons Paper Industry also released the turns to stop the shutdown plan. The relevant person in charge of a header paper company in the packaging paper industry told a reporter from the Securities Daily, "Since mid -April, the price of packaging paper has dropped again, especially after entering July, hundreds of paper companies have led to the factory to leave the factory factory to leave the factory factory. The price of paper prices has fallen, and the leading paper companies have remedied the price of paper for several days. This round of head paper companies set off for the "shutdown and maintenance tide", which is not only a cash in the case of trying to stabilize the price of paper, but also a helpless move in the case of unheard of market demand. From time to time, the end of this round of "shutdown and maintenance" is mostly at the end of August, and it will usher in the relatively busy season of the papermaking and packaging industry at that time. "The head paper company to complete the shutdown at the end of July and at the end of August is conducive to maintaining a more appropriate inventory before the peak season." The person in charge of the aforementioned was introduced. It is expected that since the third quarter or slowly this year, due to the impact of multiple factors, the market conditions of the entire paper industry are sluggish, and the profits of related companies have also declined. Taking this "storm eye" waste paper packaging paper industry as an example, domestic waste paper listed companies mainly include Nine Dragon Paper, Richard Paper, Shanying International and Jingxing Paper. Shanying International and Jingxing Paper disclosed the semi -annual performance preview. Among them, Shanying International is expected to belong to the net profit of shareholders of listed companies in the first half of the year, 120 million yuan to 140 million yuan, a year -on -year decrease of 86.06%to 88.05%. In the first half of the year, the net profit attributable to the mother was 110 million yuan to 150 million yuan, a year -on -year decrease of 43.37%to 58.47%. Both companies have stated that due to unfavorable factors such as epidemic and logistics control, the demand for the domestic cabinet corrugated paper market has declined, and the cost of raw materials has remained high, which led to the decline in the company's performance in the first half of the year. Zhuochuang Information Data shows that since this year, the cost end of the domestic waste paper market has been operating overall, and the profit margin of the paper mill has been continuously squeezed. Taking corrugated paper as an example, its comprehensive cost in the first half of the year rose 3.63%year -on -year, but the price of corrugated paper increased by only 1.45%year -on -year, and the price increase was less than the cost increase. Therefore, the average industry profit level in the first half of the year decreased by 3.24 percentage points. However, according to the analysis of Zhu Yanshuo, an analyst of Zhuochuang, the price of the waste paper market has declined significantly in the recent cost end of the waste paper market, and the decline in cost pressure has also relieved the profit pressure of paper mills. "But because the demand is still sluggish, and the pressure of high inventory, some paper factories have a shutdown and maintenance." Lu Yanshuo said that in August and September, with the Mid -Autumn Festival and National Day orders, the demand existence increased expectations. The market is well -traded, and the overall construction situation is expected to recover.

But market uncertainty still exists, and the recovery speed may be subject to certain constraints.Therefore, it is expected that the market will start in the third quarter may show a slow recovery trend.Regarding the overall trend of the packaging paper industry in the second half of the year, Zhuo Chuang Information Analyst Li Li said that in the second half of the year, the corrugated paper market may show a backward trend."From the perspective of the volatility of the price cycle of corrugated paper, the market still has a certain downward pressure in July to August, but from September to the end of the year, the probability of upward market will increase." Li Li said, especially with the policy force may be mentioned may be mentioned.Consumption in Zhenjin, especially for consumption such as automobiles, furniture, catering and other consumption, it will help boost related consumption, and it will also help the relevant industries' demand for packaging paper.Picture | Site Cool Hero Bao Map.com | Zhang Xin Nucle

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