Packaging / Advertising & Office

According to the customs data, from January to June 2022, the cumulative output of domestic machine-made paper and paperboard was 67.7239 million tons, up 0.4% year on year. The output in June was 11.855 million tons, down 1.50% year on year. According to the customs data, the cumulative export volume from January to June increased by 64.1% year on year.

From the perspective of customs data, it is estimated that the overall operating rate of domestic paper enterprises is not high in the first half of the year. However, driven by RCEP, the export volume of domestic paper enterprises to Southeast Asia and other regions has increased, and the overall export orders have maintained a relatively good trend. According to the customs data, the domestic paper price is relatively stable, but there is a certain differentiation. The prices of cardboard, white cardboard, double offset paper and coated paper remain stable on a weekly basis, while the prices of corrugated paper and white cardboard fell 25/ton and 100/ton on a month on month basis.

According to customs data, in terms of raw materials, pulp prices continued to fluctuate at a high level, domestic coniferous pulp prices fell slightly by 28.33/t weekly, broad-leaved pulp prices rose slightly, international coniferous pulp prices rose by US $4/t, and broad-leaved pulp prices remained stable. The decline of domestic waste paper prices on a week on week basis expanded, with waste book paper falling nearly 50/ton and waste yellow paper falling 120/ton. The disturbance of overseas supply side factors caused the pulp price to fluctuate at a high level, but the pulp price is expected to gradually return to a reasonable range in the second half of the year. The cost margin of pulp and paper products will gradually improve, and pulp and paper integrated enterprises will have more cost advantages and profit toughness.