In March, the rise of domestic paper prices has triggered a chain reaction in the upstream and downstream of the industrial chain. What about the overseas paper market? This issue focuses on North American paper prices and the global pulp market.
Overseas paper price adjustment
Statement of paper enterprises:
“To cope with the cost pressure of transportation, insurance, labor, chemical and other direct materials, as well as the supply and demand balance of paperboard in the whole company.”
“The demand for uncoated renewable cardboard is very strong and the market supply is tight. As the cost of main raw materials continues to increase, this price increase is necessary. “
“Closing these plants is part of a strategic move aimed at improving profitability.”
Professional analysis:
“The increase of raw material cost and pulp price is the main reason for the price increase of paper products. The second is the increase of logistics cost. The third is the decline of paper media demand.
In addition, the changes brought about by the epidemic to the consumption structure of paper products, such as the increase of household paper, the increase of paperboard demand, the decrease of printing and information paper demand, and the conversion of plastic products to paper products, are also factors that can not be ignored
North America
North America adjusts paper prices to cope with market changes
According to the official website of the American forestry and Paper Association, in October 2020, North American paper prices began to rise. In March this year, the price of paper was further increased. Relevant paper companies have said that the cost pressure of raw materials, energy, transportation and so on forced prices to be adjusted.
Most of the price adjustments raised the price by $50
Since October last year, North American paper prices continued to rise, and most of the different paper prices increased by US $50 per ton. The price of some paper enterprises will increase by at least 6%, and the corresponding price of paper raw materials will even increase by 5% – 15%.
In October last year, Griff announced a $50 per ton price increase for all grades of uncoated recycled cardboard shipped on or after November 9, 2020. It said in a written statement that the price increase is to cope with the cost pressure of transportation, insurance, labor, chemical and other direct materials, as well as the supply and demand balance of the whole Griff paperboard.
In the same month, Sonoco also announced that it would increase the price of domestic and export paper at its Hartsville paper mill in South Carolina by US $50 / T, which will be on or after November 2, 2020. According to Tim Davies, vice president and general manager of the company, Sonoco is working with other North American container board manufacturers to cope with changes in market demand and backlog of orders.
In February this year, Sonoco added the price of paperboard again, increasing by 6%, which will take effect when it ships in the United States and Canada after March 1. “The demand for uncoated renewable cardboard is very strong and the market supply is tight. As the cost of main raw materials continues to increase, this price increase is necessary. ” Said Mike Thompson, sales director of Sonoco’s North American core division.
On February 19, the navigation company announced that it plans to increase the price of paper in the United States by 6% – 8% from March 22. Kemila also announced a 5% – 15% increase in the price of pulp and paper in the Americas, which is valid for shipment on and after March 1. Kemila said the rapid rise in the costs of raw materials, energy, packaging and transportation made it necessary to adjust prices.
Post time: Mar-23-2021