On March 8, Jiulong base paper rose another 200 yuan, and waste paper exceeded 3000 yuan
After the Spring Festival, the trading prices of domestic bulk commodities soared by 35% - 60%. In terms of paper raw materials, bleached needle pulp rose by 61%, and ordinary grade a yellow waste rose by 25%. Under the stimulation of the ever-increasing environment, the price rise of Nine Dragons is in line with the market and has a steady upward trend.
For the increase, insiders also revealed two positive factors: first, the high price of foreign base paper, domestic base paper still has room to rise; second, this year's paper mills lost the dividend of foreign waste, in order to ensure the same profit in 2021, last year, they had to constantly "reverse" the market.
No matter what the reason, there is no doubt that the price rise of nine dragons will inevitably cause other paper mills to keep pace with the rise. Under the pressure of cost, the paperboard mills will also keep pace with the rise rapidly. According to the base paper rise, the rise rate of the paperboard mills this time is about 15%.
