On November 30, the papermaking sector continued to rise. As of press release, Aoyama Paper had risen more than 4%, while Jingxing Paper, Chenming Paper, and Annie Co., Ltd. followed suit.
According to the news, recently, there has been a general rise in cultural paper. A number of leading companies have issued price increase letters one after another. The price increases ranged from 200 yuan/ton to 300 yuan/ton. Most of the implementation period began on December 1.
Some reporters learned that the reason for the price increase was that downstream textbook printing ushered in a peak season cycle. Previously, under the double pressure of costs and sales, cultural paper companies cut prices one after another in the third quarter, and the industry lost a lot.
According to Baichuan Yingfu's monitoring data, the current price of cultural paper is around 5,800 yuan/ton, and is expected to reach 6,000 yuan/ton early next month. Given that its cost price is also between 5,500 yuan/ton and 5,800 yuan/ton, as price increases are implemented, the industry may make a marginal profit.