| And domestic Papermaking Corporate life and death | | | | of goods Wrapper Box, which for many industries, |
| of the international pulp price washed record highs | | | | the price of paper can be said that "indeed affect |
| earlier this year, the last two months, began to | | | | the whole body." |
| decline slightly. Although most analysts believe that, | | | | Although some enterprises have a pulp production |
| from now until early next year, the international pulp | | | | line, but no one paper can be completely |
| price correction will slow slightly, but high costs and | | | | self-sufficient enterprise. Therefore, when pulp prices, |
| the price of transmission is not entirely clear, in the | | | | the direct damage to the company, including China |
| second half will continue to erode corporate profits, | | | | and Thailand share, Chenming Paper, Yueyang Paper, |
| but also will large negative impact on downstream | | | | Jinggu forestry, indirect damage, including publication |
| industries. | | | | of the media. |
| International Pulp The price of a "bull" the sky | | | | In addition, imports Paper China's paper industry is |
| Since 2006, the international pulp prices started | | | | one of the major raw materials, in particular paper, |
| climbing. Among these are demand-driven price | | | | newsprint and other kinds of waste paper over |
| increases, but also by the weak dollar, strong | | | | content even to Qi Cheng. With the pulse of the |
| commodity prices in general trend of the coerced. | | | | international pulp price fluctuations in basic agreement, |
| Guotai Junanthe information provided, the 2006 | | | | international paper prices also rose gradually from the |
| International Wood pulp Basically at the higher price | | | | end of 2006, in the first half of this year after |
| being. As of the end of January 2007, both pulp or | | | | achieving high point slightly down. |
| hardwood pulp needle industry, offer a breakthrough | | | | 7 months, the international pulp prices fell slightly. |
| last year have been high points: pulp by the needle | | | | Data show that in August the international pulp spot |
| industry in early 2006, the 612 U.S. dollars / ton, up to | | | | prices decreased by 15% -20%. |
| the end of January 2007 of 750 U.S. dollars / ton, up | | | | The international pulp prices fell and did not bring |
| 22.5 %; hardwood pulp growth has slowed down | | | | good news to the paper-making enterprises. Types |
| recently, but still in early 2006, 600 U.S. dollars / ton, | | | | of bulk commodities trade as an international one, the |
| up to the early 2007's 670 U.S. dollars / ton, up | | | | international pulp price movements involve the |
| 11.70%. | | | | interests of a number of investment institutions. |
| In June this year, the international pulp prices broke | | | | Deutsche Bank report published at the end of August |
| through 900 U.S. dollars mark, bleached softwood | | | | that the international pulp price decreases than most |
| kraft pulp prices in North America reached 904 U.S. | | | | analysts expected, or more than usual level, while |
| dollars / ton, then the price dropped slightly, the price | | | | producer inventories increased last year compared |
| in September dropped to 858 U.S. dollars of the | | | | with about 24%, the pressure may be passed on |
| species / ton. | | | | Paper. Subsequently, Deutsche Bank's rating on |
| Chinese invented papermaking, but the modern | | | | International Paper and Domtar cut to hold from buy |
| paper-making material was once Straw pulp | | | | on the grounds that the price decline in pulp paper |
| Monopoly. Although low-cost manufacture of straw, | | | | company earnings increase the likelihood of a drag. |
| raw materials easy to solve, but its impact on the | | | | This means that although the cost of imported pulp |
| environment is very large, in the last five years, | | | | reduced expenditures, but because of the global |
| carried out by shutting down small paper one after | | | | economic slowdown led to pulp prices fall Paper |
| another level, transforming the industry to upgrade | | | | products Concomitant weakening of demand, |
| production line movement, straw pulp method | | | | thereby affecting the paper's pricing power, their |
| basically been eliminated, wood pulp as the main raw | | | | profit margins continue to be eroded. |
| material. | | | | Woeful second half of the paper industry Although |
| But China is a lack of forest cover countries, the | | | | the international pulp pricethe first half of this year |
| domestic paper industry depends on imported raw | | | | reached its highest point, but the paper companies to |
| material for paper pulp. As the domestic pulp and | | | | produce a mid-year results are the best "answer |
| paper making enterprises occupy the cost of | | | | sheet": Yueyang Paper in the first half net profit |
| between 3-5 percent, pulp price fluctuations directly | | | | growth of 164.38 percent, Fujian Nanping Paper net |
| affect the paper industry profits and losses. | | | | profit growth of 700%, Bo paper, Minfengtezhi, |
| More importantly, paper products is a high frequency | | | | Chenming Paper net profit growth of 50% -100% |
| of use of industrial materials such as newspapers, | | | | are in between. Reflects the contradiction between |
| publishers need to print culture, paper, various types | | | | the paper industry survive embarrassing situation. |