The Paper Industry Continues To Rebound Good

CCTV news reported that according to the latest statistics released by the China Light Industry Federation, from January to April this year, China's light industry economic operation continued to rebound to a good trend, providing important support for the stable development of the industrial economy, of which the paper industry added value growth rate of more than 10%.

"Securities Daily" reporter learned that a number of enterprises and analysts are optimistic about the paper industry in the second half of the year, domestic appliances, home, e-commerce demand growth, the international consumer market is picking up, the demand for paper products can see a high line.The statistics of the China Light Industry Federation show that from January to April this year, China's light industry achieved operating income have increase of 2.6%, the value added of light industry above the scale increased by 5.9%, and the value of light industry exports increased by 3.5%. Among them, the added value of papermaking, plastic products, household appliances and other manufacturing industries increased by more than 10%.

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May leading Paper industry actively adjust the product structure to meet the recovery of demand at home and abroad. The Senior executive said: "In the first quarter of this year, production and sales were affected by the Spring Festival factors, failed to fully realize their potential, and strive to achieve full production and sales in the second quarter, actively seize market share and improve customer satisfaction." At present, the company's product structure and quality are becoming more and more stable, and the follow-up product differentiation and export increment will become the breakthrough focus."

Most of industrial people expressed optimism about the trend of the paper market: "Overseas paper demand is recovering, consumption in Europe, North America, the Middle East and other places is picking up, businesses actively replenish inventory, especially the demand for household paper increases." In addition, recent geopolitical frictions have intensified, and the route transportation cycle has been prolonged, which has also increased the enthusiasm of overseas downstream merchants to replenish inventory. For domestic paper enterprises with export business, this is the peak season."

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Guosheng Securities light industry analyst Jiang Wen Qiang analysis of the market segment, said: "In the paper industry, several segments have taken the lead in releasing positive signals. In particular, demand for packaging paper, corrugated paper and paper-based films for e-commerce logistics and overseas exports is on the rise. The reason is that demand in downstream industries such as domestic household appliances, home appliances, express delivery and retail is picking up, while domestic enterprises are setting up branches or offices overseas to meet the expansion of overseas demand, which has a positive pulling effect." In the view of Galaxy Futures researcher Zhu Sixiang: "Recently, a number of paper mills above the scale issued price increases, which will drive market bullish sentiment." It is expected that from July, the domestic paper market will gradually shift from the off-season to the peak season, and the terminal demand will turn from weak to strong. From the perspective of the whole year, the domestic paper market will show a trend of weakness and then strength."

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Company Name: Ningbo Tianying Paper Co., LTD.
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Country: China
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