Paper Products from Golden Paper Group

The quantity of imported paper reached a new high, further depressing the domestic market price. The increase in demand for commercial pulp weakened, and the increase was concentrated in household paper and special paper.

The white cardboard industry continues to compete at low prices, and net losses per ton of paper have become the norm, or there may be a larger-scale production capacity clearance (production suspension or restructuring).

A new round of supply-side reform in the industry has begun, focusing on clearing or upgrading production capacity, concentrated in areas where papermaking production capacity was concentrated in the past or areas with strict environmental protection requirements. Chinese companies continue to build factories overseas, with packaging paper and pulp projects being the focus. State-owned enterprises will make greater moves between industry and capital.