Downstream orders were overdrawn, and the upstream stocks were amazing. In December 2017, the packaging paper market entered an extremely cold weather. With the strong price hikes of paper mills in December being used by downstream manufacturers as props for destocking, the paper mills suddenly fell into a dilemma.
Starting from December 20th, the price of cardboard in various places began to loosen, indicating that the desire of secondary paperboard factories to go to stocks is still strong. By the 22nd of this month, the upstream paper-making industry finally gave up its illusion and began to look for a way to retreat. The specific performance is that the waste paper begins to decline.
Taking the Pearl River Delta as an example, large and small paper mills have lowered the price of waste paper for two consecutive rounds. The following is the second round of waste paper adjustment:
Starting from December 26, 2017, the Malata special grade factory is 2150/ton. (down 100) (10% per ton of factory paper). Pure yellow mall paper 2100 / ton, Datong (down 100), 90% yellow paper 1880 / ton, 80% yellow paper 1800 / ton
7 into yellow paper 1750 / ton, 60% yellow paper 1700 / ton.
Starting from December 26, the price adjustment of Guangdong Lee & Man to the factory is as follows:
(1) First grade paper: 2190 yuan / ton (price reduction of 50 yuan);
(2) Datong paper: 1950 yuan / ton (unchanged);
(3) General cargo: 1890 yuan / ton (unchanged);
(4) First-grade office paper: 3050 yuan / ton (unchanged);
From December 26th, the purchase price of Dongguan Jinzhou Paper Waste Paper will be reduced by 100 yuan:
First grade paper 2250 yuan / ton (pure factory paper pure factory paper large cigarette box paper pure yellow paper shopping mall yellow paper); secondary paper 2170 yuan / ton (yellow paper paper ratio 80/20 beer box);
In addition, each paper mill has a stricter space for incoming inspection of waste paper. For example, Jinzhou Paper announced that it will carry out secondary unpacking inspection on the admission of waste paper bags (which must be labeled before entering the factory). If the intentional false doping phenomenon is found, it will be punished according to the weight of the sorted garbage impurities. This indicates that paper mills are not strong in demand for future waste paper and are not optimistic about future price expectations.
In the future, how waste paper makers will judge the short-term adjustment and long-term trend of waste paper will determine whether the wealth accumulated in 2017 will be safe.
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