Under the global trend of plastic ban, the demand for wood pulp fiber is expected to be improved structurally.
Related news: In early November 2018, the European Union passed a comprehensive "plastic ban" by a strong vote, approving the ban on the use of disposable plastic products from 2021, in order to curb the increasingly serious plastic waste damage to the Marine ecological environment. The total ban on plastic will become a global trend and irreversible. The reason is that China and Southeast Asia are currently implementing a total ban on waste import policy, and this policy will not be reversed. The waste of developed countries in Europe and the United States will have no place to go in the future, but banned. Therefore, under the global plastic ban trend, the most likely alternative to disposable plastic packaging products is to have strong renewable properties of wood pulp fiber, wood pulp fiber demand in the future probability of structural improvement.
Under the trend of transferring from five-layer board to three-layer board, the amount of high-quality wood pulp fiber will be improved.
At present, the proportion of five-layer board in Chinese paper packaging is close to 60%, while the proportion in Europe is less than 10%, and the proportion in North America is close to 7%. Under the strict policy of importing waste paper from this year, the shortage of domestic waste paper raw materials has become a definite trend. Packaging enterprises will replace five-layer board with three-layer board to reduce the consumption of raw paper. However, customers' requirements for packaging protection and buffering function will not be reduced due to lightweight, so it is inevitable that wood pulp fiber with better fiber quality will be used as raw materials for the production of boxboard corrugated paper in the future. It is roughly estimated that the annual output of boxboard corrugated paper in the country is about 56 million tons. Due to the quality requirements, the increase of about 5% (perhaps more) wood pulp fiber in the raw material will drive the domestic demand of about 2.8 million tons of wood pulp, corresponding to the domestic demand of about 8% to improve the elasticity.
Chinese paper mill demand is expected to pick up in 2019
In 2018, the overall demand of Chinese paper mills showed a downward trend. The reasons are not only affected by the tightening of environmental policies, trade friction and other factors, but also closely related to the overall destocking of the downstream, which reflects the low acceptance of the elevated paper price and the highly pessimistic expectation of the future demand of the paper industry. No matter how expectations shift, the current fact is that production unit stock base paper has reached a low level, with replenishment space. Combined with the judgment of relevant information, the end demand next year is extremely likely to be better than the current expectation, downstream replenishment inventory will drive the demand recovery of paper mills, thus driving the overall demand for wood pulp warming up.
The above is the relevant information that Xiaobian has learned. Xiaobian thinks that since the downturn of the paper industry is an indisputable fact, what relevant production enterprises can do at present is to strengthen the internal reform of the enterprise, improve the competitiveness of the enterprise, and prepare for the worst to deal with the possible problems in the future. Besides, they can only pray that the relevant problems can be alleviated in the coming year. The form of the future is so unpredictable that it is difficult to figure out the exact direction! What is your opinion on this?
After a round of sharp rises and falls, why is there still someone bullish pulp prices
Some time ago, a batch of pulp futures listed, delivery of the underlying bleached needle pulp was short institutions, prices plummeted. In the transaction, the main disagreement lies in the game of industry, capital and other factors; in the face of the current price trend, the relevant people in the market next year wood pulp price discussion, still have greater expectations. Perhaps some people will find it difficult to understand, in this regard, Xiaobian is here to share some information for your reference.
The current spot price of pulp has been gravely upside down, traders large losses, the real transaction is difficult to sustain.
By the end of November, spot stocks at the three major ports were at the highest, with Qingdao seeing 900,000 tons, up 109% from a year earlier, packaging box supplier claimed. Changshu Port 540,000 tons, a year-on-year increase of 38%. Coniferous pulp is about 500,000 tons, the rest for hardwood broadleaf pulp. At present, most of the inventory at the port is the goods sent to China from global suppliers in August and September, and the comprehensive cost is over 6,800 tons/ton. At the current market price of 5700 yuan/ton of shipment, traders floating loss 1100~1300 yuan/ton, digestion of inventory stage, in the real transaction level, the current spot price is not sustainable.
Under the global trend of plastic ban, the demand for wood pulp fiber is expected to be improved structurally.
Related news: In early November 2018, the European Union passed a comprehensive "plastic ban" by a strong vote, approving the ban on the use of disposable plastic products from 2021, in order to curb the increasingly serious plastic waste damage to the Marine ecological environment. The total ban on plastic will become a global trend and irreversible. The reason is that China and Southeast Asia are currently implementing a total ban on waste import policy, and this policy will not be reversed. The waste of developed countries in Europe and the United States will have no place to go in the future, but banned. Therefore, under the global plastic ban trend, the most likely alternative to disposable plastic packaging products is to have strong renewable properties of wood pulp fiber, wood pulp fiber demand in the future probability of structural improvement.
Under the trend of transferring from five-layer board to three-layer board, the amount of high-quality wood pulp fiber will be improved.
At present, the proportion of five-layer board in Chinese paper packaging is close to 60%, while the proportion in Europe is less than 10%, and the proportion in North America is close to 7%. Under the strict policy of importing waste paper from this year, the shortage of domestic waste paper raw materials has become a definite trend. Packaging enterprises will replace five-layer board with three-layer board to reduce the consumption of raw paper. However, customers' requirements for packaging protection and buffering function will not be reduced due to lightweight, so it is inevitable that wood pulp fiber with better fiber quality will be used as raw materials for the production of boxboard corrugated paper in the future. It is roughly estimated that the annual output of boxboard corrugated paper in the country is about 56 million tons. Due to the quality requirements, the increase of about 5% (perhaps more) wood pulp fiber in the raw material will drive the domestic demand of about 2.8 million tons of wood pulp, corresponding to the domestic demand of about 8% to improve the elasticity.
Chinese paper mill demand is expected to pick up in 2019
In 2018, the overall demand of Chinese paper mills showed a downward trend. The reasons are not only affected by the tightening of environmental policies, trade friction and other factors, but also closely related to the overall destocking of the downstream, which reflects the low acceptance of the elevated paper price and the highly pessimistic expectation of the future demand of the paper industry. No matter how expectations shift, the current fact is that production unit stock base paper has reached a low level, with replenishment space. Combined with the judgment of relevant information, the end demand next year is extremely likely to be better than the current expectation, downstream replenishment inventory will drive the demand recovery of paper mills, thus driving the overall demand for wood pulp warming up.
The above is the relevant information that Xiaobian has learned. Xiaobian thinks that since the downturn of the paper industry is an indisputable fact, what relevant production enterprises can do at present is to strengthen the internal reform of the enterprise, improve the competitiveness of the enterprise, and prepare for the worst to deal with the possible problems in the future. Besides, they can only pray that the relevant problems can be alleviated in the coming year. The form of the future is so unpredictable that it is difficult to figure out the exact direction! What is your opinion on this?
Under the global trend of plastic ban, the demand for wood pulp fiber is expected to be improved structurally.
Related news: In early November 2018, the European Union passed a comprehensive "plastic ban" by a strong vote, approving the ban on the use of disposable plastic products from 2021, in order to curb the increasingly serious plastic waste damage to the Marine ecological environment. The total ban on plastic will become a global trend and irreversible. The reason is that China and Southeast Asia are currently implementing a total ban on waste import policy, and this policy will not be reversed. The waste of developed countries in Europe and the United States will have no place to go in the future, but banned. Therefore, under the global plastic ban trend, the most likely alternative to disposable plastic packaging products is to have strong renewable properties of wood pulp fiber, wood pulp fiber demand in the future probability of structural improvement.
Under the trend of transferring from five-layer board to three-layer board, the amount of high-quality wood pulp fiber will be improved.
At present, the proportion of five-layer board in Chinese paper packaging is close to 60%, while the proportion in Europe is less than 10%, and the proportion in North America is close to 7%. Under the strict policy of importing waste paper from this year, the shortage of domestic waste paper raw materials has become a definite trend. Packaging enterprises will replace five-layer board with three-layer board to reduce the consumption of raw paper. However, customers' requirements for packaging protection and buffering function will not be reduced due to lightweight, so it is inevitable that wood pulp fiber with better fiber quality will be used as raw materials for the production of boxboard corrugated paper in the future. It is roughly estimated that the annual output of boxboard corrugated paper in the country is about 56 million tons. Due to the quality requirements, the increase of about 5% (perhaps more) wood pulp fiber in the raw material will drive the domestic demand of about 2.8 million tons of wood pulp, corresponding to the domestic demand of about 8% to improve the elasticity.
Chinese paper mill demand is expected to pick up in 2019
In 2018, the overall demand of Chinese paper mills showed a downward trend. The reasons are not only affected by the tightening of environmental policies, trade friction and other factors, but also closely related to the overall destocking of the downstream, which reflects the low acceptance of the elevated paper price and the highly pessimistic expectation of the future demand of the paper industry. No matter how expectations shift, the current fact is that production unit stock base paper has reached a low level, with replenishment space. Combined with the judgment of relevant information, the end demand next year is extremely likely to be better than the current expectation, downstream replenishment inventory will drive the demand recovery of paper mills, thus driving the overall demand for wood pulp warming up.
The above is the relevant information that Xiaobian has learned. Xiaobian thinks that since the downturn of the paper industry is an indisputable fact, what relevant production enterprises can do at present is to strengthen the internal reform of the enterprise, improve the competitiveness of the enterprise, and prepare for the worst to deal with the possible problems in the future. Besides, they can only pray that the relevant problems can be alleviated in the coming year. The form of the future is so unpredictable that it is difficult to figure out the exact direction! What is your opinion on this?