Weekly Review of Waste Paper Market (7.7-7. 1 1)
This week, the domestic waste paper market is dull, with fewer transactions and tight import sources. Due to the high price of overseas commodities, domestic traders reduce imports, resulting in insufficient market inventory and shortage of supply. According to industry sources, the upstream good goods are obviously reluctant to sell, and the quotation is still firm; The demand for downstream good materials is strong, and the procurement is slightly stable.
With the approaching of Zhejiang Olympic Games, the demand for newsprint by major printing houses is more obvious, which leads to a sharp rise in the market demand for newsprint in a short time. Because of this, the foreign waste paper market is bullish. However, the overall market turnover is average.
There are few waste paper transactions in Guangdong, and foreign sources are in short supply. Due to the high prices of overseas commodities, the profit margins of domestic traders have been greatly reduced and they have to reduce their imports. Traders first decide the variety and quantity of goods according to the downstream procurement. According to the merchants, compared with the previous period, due to the pressure of high market price and tight supply, the demand of downstream customers has dropped sharply and the purchase volume has decreased.
Due to the difficulty of customs clearance in Shandong, the local daily waste trade is light and the supply is small. The daily scrap 3# market weakened and the quotation was stable; The supply of Japanese waste 8# is still in short supply, and the market is in short supply; Japanese scrap 1 1# The quotation is firm, and the holder is not in a hurry to ship. According to informed sources, in order to cooperate with the Olympic Games, the environmental protection department will no longer approve the restricted import license required for importing mixed waste paper before September 20. At present, the quantity of environmental protection for imported mixed waste paper in the market is very small, which will definitely have a certain impact on the market trend of Japanese waste 3# in the later period.
Jiangsu's waste paper trading volume is average, and the supply is tight. The actual transaction price did not increase significantly compared with last week. According to the report of the merchants, the quotation of the upstream shippers is still firm, the supply of fine goods is tight, the demand of downstream customers is still strong, and the procurement is cautious.
Guangxi's waste paper trade is normal, and the supply is not much. According to merchants, most small and medium-sized paper mills purchase goods from domestic traders, and the demand is stable. However, at present, the prices of goods imported from abroad have been rising, and traders sell them at high prices, which brings great cost pressure to small and medium-sized paper mills.
There is limited room for the growth of global waste paper supply. By April 2008, China's waste paper imports mainly came from Japan, Europe and the United States, accounting for 16%, 28% and 44% of China's waste paper imports respectively, and the supply of waste paper in these three places accounted for 88% of China's waste paper imports. The recovery rate of foreign waste paper has reached a high level (56% in the United States and 80% in Japan), while the papermaking capacity in the United States and Japan is still shrinking, and the growth of waste paper that can be improved in the future is limited. But at present, the domestic waste paper recovery rate is 3 1%, and the target of 20 10 is 34%. Because the national garbage purchasing system is not complete and the quality of garbage varies greatly, it is impossible to provide a large amount of waste paper raw materials at this stage. However, a large number of new production capacity with waste paper as raw material in China has made the supply and demand of waste paper continue to be tight, and the price has risen sharply. This trend is expected to continue in 2009.
This week, the US waste 8# quoted 293 US dollars/ton; US waste 1 1# The price is 245 USD/ton; The price of European waste A2 is 2 18 USD/ton; 8# daily waste quotation is $290/ton; The old newspaper quoted 2400 yuan/ton.