Packaging / Advertising & Office

According to the Huacheng Import and Export Data Observation, the Russian-Uzbekistan conflict for many months has had a serious impact on India's paper imports, and overseas shipments take two months.

The Russian-Uzbekistan conflict escalated again, and the situation changed dramatically overnight. Affected by this, the market plunged, and the stock markets in Europe and the United States fell sharply. 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 to the industry.

As soon as the war started, it had a great impact on the packaging and printing industry: 1. The possibility of soaring oil and coal prices was high, and the cost of energy increased significantly; 2. With the expansion of the conflict, China is unable to stay out of it, and the impact of exports is likely to be beyond imagination, 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 the price of Chinese pulp and lead to a rise in the price of paper.

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 in the price of paper in India, as reported by Huacheng Import and Export Data Observation.

Import and export data show that before the Russian-Uzbekistan conflict began in February, the average price of Indian paper was 70000 rupees per ton, and now has risen to 1,00000 rupees per ton.

It is worth noting that India's paper production mainly depends on imports, both newsprint for newspapers and cultural paper for 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 supply of foreign paper has been delayed for about two months, resulting in an increase in production costs and raw material costs. IANS quoted an official as saying that it was expected that orders in October could only be completed in December. He added that due to the delay in paper supply, publishers could not determine the price of books. Once the new school season comes at the beginning of next year, the demand for books will rise, and the gap between supply and demand is expected to expand further. Huacheng Import and Export Data Observation reports.

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 becoming higher and higher. India may continue to face the crisis of paper shortage for a period of time. In addition, the report also added that China is the main supplier of Indian cultural paper. Due to the control of China's epidemic situation, China's shipments have declined, which also led to a supply gap in India. Huacheng Import and Export Data Observation Report.