Recently, the domestic waste paper market continued to rise, only on March 7 a day, more than 70 paper companies raised the price of waste paper recycling, an increase of 20 yuan/ton to 60 yuan/ton.
Recently, when the reporter visited a number of waste paper acquisition enterprises in Shandong, he saw that many recycling stations were relatively quiet. Mr. Zhou, the person in charge of a waste paper recycling company in Jinan City, said that in the first two months of this year, domestic waste paper prices continued to fall. As a result, the willingness of enterprises to recycle waste paper is also low.
As the domestic supply of waste paper continues to decrease, especially after entering March, the market supply has further decreased, and a number of paper enterprises have gradually increased the recycling price of waste paper.
Zhuo Chuang information waste paper industry analyst Fang Juntao said that from the fourth quarter of 2024, affected by the expected increase in global trade risks, domestic goods have "grabbed exports", forming a certain degree of overseas demand "overdraft". After the Spring Festival holiday this year, the impact began to be felt.
"Combined with the recent global trade risk is expected to further increase, or will form another round of impact on the demand for wrapping paper, waste paper prices are likely to fall into low operation again." Fang Juntao said.
At the same time, the packaging paper field downstream of the industrial chain, the "winter" of the corrugated paper and box board paper market has not yet ended. Zhuo Chuang information analyst Xu Ling said that the supply side of the major upstream paper mills started load rate is stable, the spot supply is sufficient, some paper mills inventory level is high, the supply side pressure is greater. From the demand side, the order volume of downstream packaging companies is less, the purchasing mentality of base paper is more cautious, and the demand side is difficult to improve significantly.
"However, for the wrapping paper industry, the first half of the economy is low, and the overall price trend in this period of previous years is mainly to decline." Xu Ling said.
Fang Juntao believes that for the entire packaging paper industry chain, the industry is eager to boom, probably until the second half of the year, "in the second half of the year, driven by traditional holidays, market demand is expected to improve, the support for the packaging paper industry will be enhanced, the industry price or moderate rise."
On March 10, Oriental Securities issued a research report that looking forward to 2025, the growth rate of new supply in the packaging paper industry has slowed down significantly, and the overall supply and demand are expected to gradually improve.
Under the current background, paper enterprises with the advantages of industrial chain integration and strong cost control ability have more obvious competitive advantages.
According to the 2024 annual performance bulletin of Shandong Sun Paper Co., LTD., relying on the diversified paper distribution and the integration strategy of forest, pulp and paper, the company achieved an operating income of 40.739 billion yuan in 2024, an increase of 3.02%, and the net profit attributable to shareholders of listed companies was 3.126 billion yuan, an increase of 1.29%.
