Paper prices rise again after the implementation o

2022-10-21
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The new regulations on the import of waste paper were implemented, and the paper price rose again

release date: Source: Securities Times editor: Yu Jia browsing times: 1863 copyright and disclaimer

core tip: from March 1, 2018, the regulations on the administration of environmental protection of imported waste paper began to be implemented. The document stipulates that the production capacity of processing and utilization enterprises applying for import waste paper licenses should reach 50000 tons/year, and the impurity content standard has been exported to Japan, South Korea, the United States The batch export of 15 countries and regions such as Europe will be adjusted from 5% of potassium permanganate mixed with graphene to 0.5% by class I

[China Packaging News] from March 1, 2018, the regulations on the administration of environmental protection of imported waste paper began to be implemented. The document stipulates that the production capacity of processing and utilization enterprises applying for the license of imported waste paper needs to reach the working environment of spring fatigue testing machine and the normal protection of the equipment to 50000 tons/year, and the impurity content standard is adjusted from 1.5% to 0.5%. In October 2017, the Ministry of environmental protection issued the regulations on the administration of environmental protection of imported waste paper (Exposure Draft), which requires that the production capacity of waste paper processing and utilization enterprises should be sufficient to reach 300000 tons/year, and the impurity content standard is 0.3%. The official draft was implemented in mid December, and the standard is slightly loose compared with the draft

due to the official implementation of the new policy on waste paper import, paper prices have risen again recently. Before the Spring Festival, Nine Dragons Paper was the first to issue a price increase letter. After the year, many paper mills raised the factory price of finished paper by 200-500 yuan/ton. The recent rise in paper prices is mainly affected by two factors: first, the new waste paper import regulations to be implemented from March 1, and the market is generally expected to continue to be tight in 2018; On the other hand, due to the low inventory of paper mills before the Spring Festival, the demand for waste paper increased after the holiday. However, as the market has certain expectations for the new regulations on waste paper import, it is unlikely that the price of domestic waste will rise significantly

the import management of waste paper is becoming stricter, promoting the standardized development of the domestic waste paper industry chain. At present, 36% of the waste paper raw materials needed by China's paper industry are from imported waste paper, and 64% are from domestic recycling. Affected by the new regulations on waste paper import, it is estimated that the total amount of waste paper imported in 2018 will be 20% lower than that in 2017. With the reduction of the quantity of imported waste paper and the improvement of standards, the price formation mechanism of domestic waste paper is expected to gradually change from buyer pricing to negotiation pricing between buyers and sellers. The supply-demand relationship between domestic waste paper recycling enterprises and paper production enterprises is expected to be improved, and the transactions between the two sides will tend to be rational, which is conducive to promoting the benign development of the domestic waste paper industry chain

waste paper import quotas give priority to leading enterprises and accelerate the structural adjustment of the paper industry. Up to now, the Ministry of environmental protection has released a total of seven batches of waste paper import list, with a total nuclear quota of 5.5139 million tons, of which nine dragons, Liwen and Shanying paper enterprises have a total approved quota of 3.095 million tons, accounting for 56% of the approved total. The waste paper import policy is inclined to leading enterprises. Under the condition that the quality of foreign waste is better and the price has a certain competitive advantage compared with national waste, the competitiveness of small and medium-sized paper enterprises will be weakened due to the less cooperation of foreign waste. In the future, they will be phased out due to the increase of cost. The concentration of the paper industry is expected to continue to improve, which is beneficial to the leader of corrugated box board

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