




2009 1-11 months, total domestic paper products and paperboard production 84.67 million tons, up the momentum to continue, an increase of 11.9%; in November a single month 8.72 million tons, up 28.8% year on year rise, growth of 3.2%. One ring is faster than the growth of uncoated printing and writing paper product, mainly due to open in spring printed materials, and at the end of various types of statistical reports increase in paper products consumption. 1-11 month cumulative production of 17.56 million tons pulp, the cumulative decline 2.1%, closer to the level of last year. The month in November year on year increase of 32.5%, chain growth rate 3.8%. The impact of cuts in the global context, the international pulp prices continued to climb, many domestic enterprises pulp line of pulp-paper integration and gradually resume production, improve self-sufficiency rate, output over-year trend is continuing.
From January to November total of 12.67 million tons of imports of paper pulp, up +43.5%, paper products 25.2 million tons, +13.4%;
Paper products and paperboard imports 2.99 million tons, -9.1%, export 3.29 million tons, -2.4%. On the data from a single perspective, in November pulp imports 960,000 tons, up by +68.4%, chain -10.3%; imported 2.08 million tons of waste paper, up +8.3%, ring than the +6.7%; paper and paperboard imports 270,000 tons, up by +12.5%, the chain remains the same; paper products and paperboard exports of 300,000 tons, up by +25.0%, -3.2% chain.
By the end of the paper demand is high season market demand coupled with low inventories, so that the recent general rise in the price of paper products. December 15 coniferous pulp in Europe offer 797 U.S. dollars / ton, compared with the beginning of +24.2%, +38.1% compared with the year low. Hardwood pulp pricing 700 U.S. dollars / ton, compared with the beginning of +19.8%, +45.0% compared with the year low. The U.S. market price of coniferous pulp to settle at 829 U.S. dollars / ton, compared with the beginning of +12.3%, +30.2% compared with the year low. China's market hardwood pulp pricing 656 U.S. dollars / ton, compared with the beginning of +49.4%, +68.4% compared with the year low.
December 18, 8, waste paper products(old newspapers) CIF has reached 189 U.S. dollars / ton, from the 68% rise so far this year, the United States spent 11 # (the old cardboard) to reach 194 U.S. dollars / ton, the price so far this year at 78%. We believe that the rise in the sea freight, inventory reduction, etc. under the influence of multiple factors, if the 10 years of global economic recovery evident, there is further rise in prices of waste paper products space.
Bio-fuels tax credit (black liquor as a mixture of generation fuel, there are 0.50 U.S. dollars / gallon tax) to reduce the mill's manufacturing costs, but the U.S. Government's Pulp Mill 200 U.S. dollars / ton pulp black liquor subsidy policy by the end, whether an extension is uncertain. Once the cancellation of this subsidy would not be conducive to the supply of pulp, softwood pulp prices may rise further. Although pulp prices have been pre-shutdown of the pulp can stimulate the line to resume production, but still need some time.
