Packaging / Advertising & Office

According to the Huacheng Import and Export Data Observation Report, the conflict between Russia and Ukraine for many months has had a serious impact on India's paper import, and overseas shipment takes two months.

The Russian Ukrainian conflict escalated again, and the situation "dramatically changed" overnight. Influenced by this, the market dived, European and American stock markets fell sharply, and the stock market fell 17% at one time! The stock market fell sharply, crude oil and gold rose sharply... In the past two years, the impact of the COVID-19 on the economy has not subsided, and the house leakage happens every night. The impact of the escalation of the conflict between Russia and Ukraine on the economy can be called another grey rhinoceros.

Today, the impact of the conflict between Russia and Ukraine on the packaging and printing industry is a topic of concern for insiders.

When the war started, it had a great impact on the packaging and printing industry: 1. The possibility of soaring oil and coal prices was great, and the energy cost increased significantly; 2. With the expansion of the conflict, China cannot stay out of it, and the impact of exports is likely to be beyond imagination, or even devastating; 3. Russia exports 2.4 million tons of pulp every year, 90% of which are exported to China, which will lead to a sharp rise in China's pulp price and lead to a rise in paper prices.

The news agency IANS quoted Indian industry sources as saying that the average price of Indian paper rose 42.8% due to the supply delay. They also added that China's epidemic control has further exacerbated the rise of paper prices in India. Huacheng's import and export data observation report.

According to the import and export data, before the Russian Ukrainian conflict began in February, the average price of Indian paper was 70000 rupees per ton, which has now risen to 1,00000 rupees per ton.

It is worth noting that India's paper making mainly depends on imports. Whether it is newsprint for printing newspapers or cultural paper for printing books, these products mainly come from China and several European countries.

The production director of a well-known publishing company was quoted as saying that since the beginning of geopolitical tensions, orders for both types of paper have been hit. He said: Up to now, the foreign paper supply has been delayed for about two months, leading to the increase of production costs and raw material costs. IANS quoted an official as saying that orders for October can only be completed in December. He added that due to the delay in the supply of paper, publishers could not determine the price of books. Once the new school season comes early next year, the demand for books will rise, and this gap between supply and demand is expected to further expand, Huacheng Import and Export Data Observation reported.

Although some paper can be produced in India, the pulp raw materials needed for production still need to be imported from abroad, and the import cost is getting higher and higher. India may continue to face the crisis of paper shortage for some time. In addition, the report added that China is the main supplier of cultural paper in India. China's epidemic control led to a decline in China's shipments, which also led to a supply gap in India. Huacheng Import and Export Data Observation reported.