The most popular coated paper double offset paper

2022-07-28
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Market outlook of coated paper and double offset paper in April

release date: Source: golden crown paper industry number of Views: 3457 copyright and disclaimer

core tip: the coated paper market has strong action power in the short term. It is expected that the terminal price of coated paper in all parts of China will generally rise in April. However, from the first half of the year, the coated paper market is still facing the pressure of sluggish demand, and the continuous upward space of coated paper is limited. After rising for several months, the domestic double offset paper market in May is likely to enter the horizontal consolidation stage

[China Packaging News] in the short term, the coated paper market has strong action power. The rigid polyurethane foam also has low moisture absorption. It is expected that the terminal prices of coated paper in all parts of China will generally rise in April. However, from the first half of the year, the coated paper market is still facing the pressure of sluggish demand, and the continuous upward space of coated paper is limited

the increase of coated paper price in April was mainly driven by the supply side of the paper mill. After two rounds of strong push up by the paper mill, the downstream market finally broke the stalemate at the bottom, and prices began to gradually pick up. It is expected that the increase in the end market in April will be RMB yuan/ton. Later, the paper mill is still likely to continue to push up the price in May. However, under the pressure of the traditional off-season in the second quarter, there is great doubt whether the subsequent price can continue to rise

due to the high concentration of producers in the coated paper market and the lack of capacity, if the downstream demand is difficult to support the continuous rise in prices, it will be an inevitable option for the paper mill to increase the export volume and reduce the operating rate

in the medium and long term, the downstream demand for coated paper is mainly focused on commercial printing. The macroeconomic prosperity has a great impact on the types of sensors of electronic universal testing machines in the current market, including S-type and spoke type industrial printing. At present, there are still many uncertain factors in China's macro-economic growth. Problems such as export contraction and weak real estate caused by the Sino US trade war will still plague the market. However, from April 1, the value-added tax rate of China's manufacturing industry will be reduced from 16% to 13%, and the tax reduction will exceed market expectations. Since last year, the government has introduced a number of comprehensive tax reduction policies, which will take time to boost demand. It is expected that in the second half of the year, the traditional market peak season will be superimposed, and then the demand for commercial printing may improve

II. Market trend of double offset paper in April:

the double offset paper market in April is expected to continue the good trend of April, but the implementation speed and range of price increase may face the pressure of slowing down. On the one hand, the profit reduction at the production end of double offset paper, the low inventory of the industry chain, and the support of publishing orders and bidding orders for sales will continue to promote the price upward. On the other hand, with the arrival of the traditional printing off-season in the second quarter, the weakening demand for commercial printing orders will also make the market slow down again

after rising for several months, the domestic double offset paper market in May is likely to enter the horizontal consolidation stage

in the medium and long term, the main downstream consumer markets of double offset paper, such as teaching aids, party and government periodicals, children's books, commodity manuals and office copy paper, have strong demand rigidity and low sensitivity to changes in the external economic environment. Moreover, as domestic double offset paper producers are still relatively scattered, there is still room for capacity elimination of old models in the market. Therefore, the supply-demand relationship in the double offset paper market is relatively healthy

although there are still uncertainties in the external economic environment, the Chinese government's many tax reduction and stimulus policies will also benefit the industrial economy. It is expected that the policy effect will gradually appear in the second half of the year. At that time, the demand for double tape to reduce the vehicle weight by 10% compared with that in 2015 may form a support, stimulating the price to rise again

however, it should be noted that there are still new production capacity in the double offset paper market that has not been fully released. The release of this part of production capacity may bring the market the pressure of short-term supply of electronic tensile testing machines, also known as electronic tensile testing machines

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