The price of waste paper fluctuated downward, but it was still bullish in the medium and long term
on March 8, the price of waste paper continued to fall, with Jiangsu yongfengyu and Jiangxi Liwen/ton. On March 9, dozens of paper mills in East China, South China, central China and other regions reduced the purchase price/ton of waste paper. Due to environmental protection inspection in North China, some paper mills stopped collecting waste paper
(waste paper market on March 9)
due to the arrival of spring, there are abnormally many rainy days, which may continue from south to north. Therefore, some large paper mills have issued new moisture regulations, making the inspection of waste paper to the factory more strict, and the amount of waste paper to the factory may be reduced. It is expected that the price of waste paper will be generally stable and partially reduced next week
as for the medium and long-term trend, zhuochuang information, another analysis organization, believes that from the public opinion, control and resistance of the waste paper market, and from the regulation and economic aspects of the macro environment, the waste paper price may maintain a volatile upward trend
1. In terms of public opinion, nine dragons is very positive about the price of waste paper. At the end of February, zhangchengfei, vice chairman and vice CEO of nine dragons, said at the mid-term performance conference that the price of waste paper should be 2500/ton. At the same time, Zhang Yin, chairman of Nine Dragons Paper, said that the gap of domestic waste paper raw materials was large and difficult to repair
2. In terms of control, the characteristics of super large paper mills are still obvious. The price change frequency of Liwen and Shanying is still large, which has a strong effect on stimulating the rise of market fluctuation frequency, while the purchase price change frequency of Nine Dragons waste paper is low, which helps to reduce the fluctuation frequency of market price
3. In terms of discourse power, the discourse power of leading paper enterprises was strong in the first half of the year, and weakened in the second half of the year. Four but more importantly, the seasonal demand for paper packaging in the nine inspection items underpins the peak season. Speculation in the waste paper market in the first half of the year was higher than that in the second half. The focus of paper enterprises is to maintain the slow and stable rise in the prices of waste paper and finished paper, so they have a strong voice in the first half of the year
4. At the economic level, the Sino US trade negotiations have achieved phased results. Then, the delay in the imposition of tariffs by the United States will help stabilize the demand for paper packaging in the medium and short-term export market. Secondly, the dividends of the two sessions are actively released. The short-term is conducive to capital return operations, and the long-term is conducive to expanding domestic demand
to sum up, due to overcast and rainy weather, the progress is less than half, and the amount of waste paper arriving at the factory is likely to decrease. It is expected that the price of waste paper will be generally stable next week, with partial reduction, showing a volatile downward situation
however, in the medium and long term, large paper mills have very positive expectations for the price of waste paper. At the same time, the macroeconomic environment has hit the bottom, coupled with the positive release of the dividends of the two sessions, domestic demand is expected to expand. Under this situation, the negative factors in the waste paper market may weaken with the great changes of external factors and maintain the trend of shock and rise
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