Paper Mills Release Price Rise Notices for Peak Season
The prices increase notices of some paper mills have not been released yet, and these are expected in the next few days. SCI reckons that the price increase is supported by the following factors.
1. Supply: The market supply of coated paper is relatively tight, and the orders at paper mills are stable. At present, the inventory pressure is passable, and some paper mills still carry out production swings. In addition to the previous shutdowns, the coated paper output has decreased Y-O-Y.
2. Demand: currently, the coated paper demand is relatively stable, and the anticipated paper demand is bullish during the autumn peak season. In the future, publishers will hold open tenders for 2021 spring textbook printing, and the demand will be stable. In addition, 2021 is the 100th anniversary of the CCP, and the demand for party books printing will be released. In conclusion, the cultural paper market in September and October will be increasing.
