Source: Paper industry reference
On February 19th, the Solid Waste and Chemicals Management Technology Center of the Ministry of Environmental Protection announced the fourth batch of restricted import products in 2019. Only one papermaking enterprise of Jiangsu Fuxing Paper Co., Ltd. was approved, the number is 9,720 tons.
Up to now, the total nuclear quantity this year has reached 5,536,820 tons, and the number of approved enterprises is 72.
Although the imported waste paper is of high quality and low price, especially the US waste, the paper mills are not willing to use the license to purchase. It is understood that the licenses of most enterprises have not been converted into import orders. There are paper mill colleagues to analyze the reasons for us:
First of all, due to the slowdown of China's economic growth and the impact of Sino-US trade wars, the paper packaging industry is suffering from the pressures that have not been seen for many years. The lack of orders, the decline in profits, the expansion of losses, and the bad market situation have affected the production of upstream packaging paper. Enterprises and paper mills ensure the balance between supply and demand in the market by controlling production. The current operating rate is not high.
Secondly, last year's exchange rate fluctuations brought great exchange risk to paper companies. This year, considering the room for appreciation of the renminbi (favorable imports), companies are generally looking for suitable import opportunities.
Third, after the Sino-US trade war, the import of American waste was imposed a 25% tariff, which increased the cost of the enterprise. According to the current trend of negotiations between China and the United States, the dispute is likely to be resolved within the year, and the company expects 25% of the tariff. It will also be cancelled in due course, so it is not eager to import.
Fourth, in the near future, the price of the main imported products has been unstoppable. In the past two months, the price of OCC has fallen by more than 40 US dollars/ton, and there is still a trend of continued decline. Enterprises are also striving for lower trade negotiations. Import price.
Editor in charge: Cao Yu
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