Because at present, from the supply and demand situation of white cardboard, the supply exceeds demand, and the white cardboard industry has overcapacity. Under the' plastic limit order', white cardboard has gradually become a substitute for plastics, and the demand for white cardboard has been large in recent years. However, the white paperboard industry is greatly influenced by the upstream pulp industry. If the price of pulp can't return to the normal level, the production of white cardboard will still be restricted. Large paper enterprises will reasonably plan the production arrangement of white paperboard according to the price of pulp, which will bring more profits to the company.

Compared with the same period of last year, the import of domestic waste paper dropped sharply, which made enterprises buy more domestic waste paper to replace imports. The rising demand for domestic waste paper makes the purchase price climb all the way. At the same time, the quality of domestic waste paper recycling is poor. In order to ensure the quality of products, some wood pulp needs to be added in production, which makes the cost of raw materials rise.

According to the data of the General Administration of Customs, from June to July this year, China imported recycled fiber pulp 13 10000 tons, up 23% year-on-year, and the average price rose from $308 to $389 per ton, up 26%. With the change of waste paper import policy, the domestic waste paper recycling volume has increased, and the demand for primary wood pulp has also increased.

As early as 2065438+July 27th, 2007, the General Office of the State Council issued the "Implementation Plan on Prohibiting the Entry of Foreign Wastes and Promoting the Reform of the Import Management System of Solid Wastes" (the "Prohibition Order"), which made the import quota of waste paper continuously tightened. The the State Council meeting in 20 18 pointed out: "the types and quantities of solid waste imports will be greatly reduced, and we will strive to basically achieve zero import of solid waste by the end of 2020." In 20 19, the import of waste paper decreased by 53% year-on-year; At the end of 2020, stop importing foreign waste paper.

According to relevant industry insiders, about 6.5438+0.5 million tons to more than 20 million tons of foreign waste paper enter China before China. With such a huge gap, the domestic demand for waste paper has shown a rapid upward trend this year. The reason why similar paper enterprises stop production is mainly due to the high price and cost of pulp, which has reduced the profit space of enterprises. The price of pulp is upside down with the price of paper, so we have to stop production or reduce production.

Since the second quarter of this year, the pulp market has shown a short-term trend of high before and low after the combined effect of imported COVID-19 epidemic and the policy of ensuring supply and stabilizing prices of bulk commodities. The contradiction between supply and demand in the industry has changed, and the operation of enterprises is facing challenges. In order to alleviate the impact of pulp price on the market, on September 23rd, at the 18th Shanghai Derivatives Market Forum Pulp Sub-forum jointly sponsored by the previous issue, China Paper Association signed an immediate cooperation agreement on pulp trade pricing with Xiamen Guo Mao Paper Co., Ltd., Guangjin Paper (China) Investment Co., Ltd., China Paper Investment Co., Ltd. and Chenming Paper Co., Ltd., taking pulp futures price as an important reference and basis for long-term pricing, flexibly using and actively promoting "futures price+".