According to the Nikkei Chinese website reported on January 27, the Asian trading price of printing paper rose. High quality paper and high quality coated paper, which began to decline in the autumn of 2019, both rose by 3% after January 2021. The main reason is China’s rapid economic recovery and strong demand. As raw materials, pulp is also rising, and Chinese paper traders are stepping up their purchase of pulp.
In terms of printing paper, the Hong Kong price (large order price) of high-quality paper used in books, etc. is US $730-820 per ton, which is US $20 (or about 3%) higher than that in December 2020. High quality coated paper used in magazines and catalogues ranges from $670 to $720 per ton, up $20 (or about 3%) in December 2020.
China’s demand is very strong. Demand for paper for commercial printing and corporate performance brochures has increased. China’s demand for paper products for furniture and tables made in the United States is also growing. A paper trader in Japan said that “Chinese traders and printing enterprises are stepping up hoarding and increasing brush paper stocks.”.
Post time: Feb-02-2021