Tau qhov twg los ntawm Wisdom Nyiaj Txiag
Huatai Securities tau tshaj tawm tsab ntawv tshaj tawm tshawb fawb tias txij lub Cuaj Hli, cov ntawv xov xwm thiab cov ntawv xov xwm kev lag luam tau pom cov cim zoo dua ntawm kev thov sab. Cov neeg tsim cov ntawv tiav tau feem ntau synchronized lawv cov nqi pib nrog kev txo cov khoom muag.
Pulp thiab ntawv nqi feem ntau yog nce, thiab cov txiaj ntsig ntawm kev lag luam saw tau txhim kho. Lawv ntseeg tias qhov no qhia txog qhov tseeb tias kev lag luam tsis nyob deb ntawm qhov kev xav tau ntawm cov khoom siv sib npaug tiv thaiv qhov cuam tshuam ntawm lub caij ncov. Txawm li cas los xij, ntawm qhov tod tes, raws li kev lag luam lub sijhawm tshaj tawm cov khoom xa tawm tseem tsis tau dhau mus, kev thim rov qab ntawm cov khoom siv thiab kev thov yuav tseem ntxov dhau.
Nyob rau lub Cuaj Hli, qee qhov kev lag luam ua lag luam tau tshaj tawm kev lag luam qeeb hauv kev tsim kho ntawm qee qhov haujlwm, kev loj hlob siab ntawm cov ntaub ntawv thiab cov ntawv xov xwm kev lag luam cov khoom lag luam yuav tsum sib txawv hauv xyoo 2024, thiab cov khoom tshiab ntawm qee yam yuav tsum qeeb. , uas pab kev lag luam rebalancing.
Corrugated boxboard: ntawv zeb cov khoom lag luam poob rau qib qis, txhawb nqa tus nqi nce
Ua tsaug rau lub caij noj zaub mov zoo tshaj plaws ntawm Mid-Autumn Festival thiab National Day thiab cov khoom xa tuaj hauv qab, kev xa khoom ntawm corrugated board tau loj hlob zoo txij lub Cuaj Hli. Qhov chaw cia tau poob los ntawm 14.9 hnub thaum kawg ntawm Lub Yim Hli mus rau qhov nruab nrab ntawm 6.8 hnub (raws li lub Kaum Hli 18), qhov qis qis hauv peb lub xyoos dhau los.
Daim ntawv tus nqi kho dua tshiab tau nrawm dua tom qab lub Cuaj Hli thiab tau rov ua dua +5.9% los ntawm nruab nrab Lub Yim Hli. Boxboard corrugated muaj peev xwm loj hlob yuav tsum qeeb qeeb hauv 2024 piv rau 2023 raws li cov tuam txhab ua lag luam qeeb qee qhov kev tsim kho. Lawv cia siab tias cov khoom lag luam qis dua los txhawb cov nqi corrugated hauv lub caij nyoog siab tshaj. Txawm li cas los xij, txij li lub Yim Hli, lub peev xwm tsim tawm tshiab tau nrawm dua, thiab lub hauv paus rau kev thim rov qab ntawm cov khoom siv thiab kev xav tau tseem tsis muaj zog, 1H24 lossis tseem yuav tsum tau ntsib kev sim ua lag luam hnyav dua.
Ivory board: Lub caij nyoog siab tshaj plaws thiab kev xav tau ruaj khov, khoom poob siab tuaj txog
Txij lub Cuaj Hlis,C1s Ivory Boardkev lag luam kev lag luam thiab kev thov yog qhov ruaj khov, txij li Lub Kaum Hli 18, cov khoom muag piv rau lub Yim Hli kawg -4.4%, tab sis tseem nyob rau theem siab hauv xyoo tas los no. Catalyzed los ntawm kev nce ceev hauv cov nqi ntawm cov khoom siv hauv tsev hauv ob lub lis piam dhau los, cov duab los qhia dawb tau nce ntxiv tom qab Hnub National. Yog tias qhov kev siv nyob rau hauv qhov chaw, tus nqi dawb cardboard tam sim no yuav tsum rov qab los 12.7% piv nrog rau nruab nrab Lub Xya Hli. Nrog rau kev ua tiav ntawm lub installation ntawm loj-scaleC2s Dawb Art Cardtej yaam num nyob rau hauv Jiangsu, lub tom ntej no puag ncig ntawm cov khoom shocks tab tom los, dawb cardboard nqi ntxiv kho lub sij hawm yuav tsis muaj ntau.
Daim ntawv kab lis kev cai: nqi rov qab txij thaum Lub Xya Hli yog qhov tseem ceeb
Daim ntawv kab lis kev cai yog daim ntawv ua tiav sai tshaj plaws nrog tus nqi rov qab sai tshaj plaws txij li xyoo 2023, offsetntawvthiabdaim ntawv kos duabtus nqi rebounded 13.6% thiab 9.1%, feem, piv nrog nruab nrab Lub Xya Hli. Tshiab tsim muaj peev xwm raudaim ntawv kab lis kev caixav tias yuav rov qab mus rau qhov qub hauv 2024, tab sis 2023 tseem nyob ntawm qhov siab tshaj plaws ntawm lub peev xwm tso tawm. Lawv cia siab tias tseem yuav muaj 1.07 lab tons / xyoo ntawm lub peev xwm yuav muab tso rau hauv kev tsim khoom thaum kawg ntawm lub xyoo, thiab kev sib tw ua lag luam loj tuaj yeem tseem tuaj hauv 1H24.
Pulp: Lub caij ncov catalyzes pulp nqi rebound, tab sis kev lag luam nruj tau yooj yim
Nrog rau kev txhim kho ntawm lub caij nyoog xav tau, txhua yam ntawm cov ntawv tiav tau zoo siab rau cov khoom muag dav dav zuj zus thiab pib nce tus nqi nce rau lub Cuaj Hli, cov ntawv thov hauv tsev kuj tau txais txiaj ntsig los ntawm qhov no, thaum kawg ntawm lub hli cov khoom lag luam hauv Suav teb cov chaw nres nkoj tseem ceeb poob. los ntawm 13% piv nrog rau lub Yim Hli kawg, qhov loj tshaj plaws ib hlis poob rau xyoo no. Hauv tsev broadleaf thiab coniferous pulp nce txij thaum lub Cuaj Hli xaus, raws li, tau nce sai 14.5% thiab 9.4%, South America lub loj pulp mills kuj tsis ntev los no tau nce tus nqi ntawm pulp rau Tuam Tshoj thaum lub Kaum Ib Hlis los ntawm 7-8%).
Txawm li cas los xij, tom qab National Day, qhov nruj hauv kev lag luam hauv tsev tau yooj yim vim tias qhov kev thov qis qis tau qeeb ntawm cov npoo thiab cov neeg ua lag luam cov khoom lag luam tau zoo li nce cov khoom xa tuaj. Lawv cia siab tias 2023-2024 yuav yog qhov siab tshaj plaws ntawm cov khoom siv hluav taws xob hluav taws xob, thiab nrog rau feem ntau ntawm cov khoom lag luam tshiab muaj peev xwm los ntawm cov cheeb tsam uas raug nqi qis, kev sib npaug ntawm cov khoom siv pulp thiab kev thov yuav zoo li tseem tsis tiav.
Post lub sij hawm: Nov-04-2023