Analysis of Chinese wood pulp market after the festival
Before the Spring Festival, except for the routine maintenance of some refineries, the production of other refineries is scheduled normally. After the festival, affected by uncertain factors such as slow recovery of logistics and transportation, chemicals and raw materials are becoming tighter, and some pulp and paper enterprises have delayed construction.
In terms of international supply, the long-term supply is affected by the fire in Australia, the strike in Finland, and the drought in Indonesia and Chile. In terms of domestic supply, the short-term supply is affected by the slow recovery of domestic transportation, which will affect the supply of chemicals and raw materials, and there is a risk of supply shortage in the later stage. In terms of demand, there is no significant change in foreign demand, while domestic demand is affected by the slow recovery of logistics and transportation and the delayed commencement of paper enterprises. In the long run, with the recovery of logistics and transportation after the Lantern Festival, the pulp market’s delivery and investment may improve, and under the situation of tight supply at home and abroad, the pulp price is expected to return to normal level.
Post time: Feb-06-2020