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After the Spring Festival, bamboo pulp manufacturers have issued price increases, raising the offer price of 100-200 yuan / ton, bleached bamboo pulp board containing tax ex-factory price 5400-5700 yuan / ton. Why are the pulp mills reporting their gains, and how will the bamboo pulp market perform in March?
First of all, we analyze the reasons for the increase in the offer of the pulp mill after the next festival. In short, it is: the trend of supply and demand through the import of pulp. Below we specifically analyze the following:
The price of imported wood pulp continued to rise: affected by the increase in the volume of softwood pulp and broadleaf pulp, the imported wood pulp traders worried about the cost pressure in the later period, and raised the price of broadleaf pulp 50-100 yuan/ton. 5700-5750 yuan / ton, shipped to Sichuan area price 5850-5900 yuan / ton, bamboo pulp and broad-leaf pulp storage a certain substitution, the spread increased, manufacturers raised the bamboo pulp board offer, there is still a price advantage in Sichuan.
Large-scale pulp mills reduce export: Guizhou Chitianhua monthly production of bamboo pulp board can reach 20,000 tons. In 2019, manufacturers reduced the proportion of export, mainly supplying long-term customers. The market supply is reduced, and the manufacturers' offer is also high-level. Other pulps The factory followed the upswing.
After the holiday, the paper mills stocked: Before the Spring Festival, the downstream paper mills kept the goods cautiously, and the stocks remained at a low level. After the first month of the first month, the paper mills started to work. With the consumption of raw materials, the pulp mills expected the demand for the pulp market to improve in late February.
March bamboo pulp market outlook
From the demand side, the downstream paper mill shipment situation and the implementation of the price increase determine the enthusiasm of the later stocking and the acceptance of the price after the price increase. In the first half of March, the paper mill is still in the late preparation period, and the pulp is still in the stocking period. The market demand is stable, which is conducive to supporting the price of pulp; in terms of mentality, after the price of bamboo pulp manufacturers is raised, if the transaction situation is not good, the bullish mentality will turn into a hollow state, and the sales situation may appear; the imported wood pulp market, February After the import of wood pulp market in the latter half of the year, the market feedback paper mills received low acceptance, the actual order was too small, and the paper mill was still in the buying cycle in early March. If the pulp market transaction was still not significant, the imported wood pulp fell in the second half of March. The pressure is greater.
On the whole, in the first half of March, the price of bamboo pulp has stabilized. It is expected that the pulp mill's bullish mentality will turn into a wait-and-see attitude. The price trend in the later period should focus on the trend of imported wood pulp market and downstream paper mills.
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