Global pulp is in short supply and straw projects usher in the spring of the industry

A warning that pulp is in short supply around the world could be the trigger for a sharp rise in the paper sector today.

In April this year, there are 12 domestic paper enterprises have issued a price increase letter, announced the price increase plan in May, the price increase involves white card paper and a variety of cultural paper products. On May 9, the paper sector opened strong, up more than 7 percent intraday, up 6.61 percent for the day. Longlide, Bohui Paper, Qingshan Paper, Chenming paper and other 11 stocks rose by the daily limit.

When will pulp prices cool?
On the future trend of pulp prices, May 9, Zhuo Chuang information analyst Chang Junting in an interview with the "Chinese Times" reporters said that the current factors affecting pulp prices are mainly macro, news, confidence and fundamentals. Chang Junting pointed out that May to July in the traditional off-season of the paper industry, superimposed on the impact of uncertainty on the base paper orders, from the fundamental point of view, pulp price may return to the fundamental operation. However, it is also necessary to consider the leading role of supply side news, market mentality and international macro emergencies on the pulp price from January to April this year. It is expected that the long and short game will continue, and the pulp price will be limited in the downward space.