Paper industry: cycads sprouts, Chenming be played-Iota

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News > Dynamic industry > Paper industry: cycads sprouts, Chenming be played

Paper industry: cycads sprouts, Chenming be played

Overweight paper plates, benefiting preferred Chenming Paper. In the context of the future recovery of the economic environment, the industry price / stock market started up soon.
Fundamentals bottoms, restocking paper market-driven price increases soon. Since the third quarter of 2010, the paper industry overcapacity caused by the boom of falling, and after four years to capacity, multiple indicators to inventory adjustments, the profit level of the industry, inventory, fixed assets investment, the new point of view at the bottom. Current industry supply and demand balance is basically in a weak state, the middle and lower inventories are at the lowest level. In the industry needs previews signs of recovery in the background, around the Spring Festival sales Wang and companies cut paper price increases and other factors become catalysts, we expect a new round of price / stock market is about to open up.
Pulp and oil prices double down, environmental tighter supply contraction, good large paper companies. Currently, the international softwood pulp prices remained decline, domestic volume was light, hardwood pulp price increase in capacity pressures are expected under the new limited; coupled with layers of international crude oil prices dropping as other factors, domestic pulp and paper companies, whether in the purchase cost or energy costs were ushered in favorable conditions, the level of profitability is expected to improve. Meanwhile, in the domestic context of tighter environmental policy, small mills production continued to shrink, further concentration of industry concentration. Compared likely to cause pollution of the small backward production capacity, large paper companies invest more environmentally friendly. The future, as the country's environmental protection efforts overweight, large paper companies will gradually highlight the competitive advantage.

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