Golden Crown Paper
APP released the latest price increase letter: In view of the continuous increase in the price of wood pulp in the current market, the production and operation costs of paper mills have increased; since March 25, 2019, the unit price of CCBU's main paper types has been uniformly adjusted. The specific adjustments are as follows:
1) The price increase of Shuangya Copper is not less than RMB 200/ton;
2) NEVIA double glue increased by 200 yuan / ton;
3) Single copper and white cattle will increase by RMB 100/ton;
4) Regardless of new and old orders, shipments from April 1, 2019 must be executed at the new price.
Chenming Paper: Since March 25th, the price of our coated paper series products has been raised by 200 yuan/ton based on the current price.
Sun Paper: Since March 25th, all branded coated paper products have been raised by 200 yuan/ton on the basis of the current implementation price.
At the beginning of March, a number of paper mills including Jindong, Chenming, Sun, Huatai and Prince pushed the ex-factory price of coated paper by 200 yuan/ton, and the implementation process of price increases was quite a setback. A paper mill revealed that a small amount of orders at the beginning of the month had an increase of about RMB 100/ton, but most of the downstream customers were still waiting to hesitate. Due to the relatively firm attitude of the paper mills in raising prices, the transaction at the beginning of the month was quite stale.
On March 14th, the three major giants APP, Chenming Paper and Sun Paper successively issued price increases, indicating that the first round of price increase of the coated paper at the beginning of the month was put in place, and a new round of price hikes came, and the attitude was firm. After all, CR3 concentration is about 80%, and the bargaining power of the coated paper industry is firmly in the hands of the industry leader, and the price increase will continue.
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