Shanying International June Operating Data: Paper and Packaging Volumes Dip M/M, Pricing Stays Resilient
Shanying International has released a public announcement containing its operating data flash report for June 2021.
Key figures in the flash report: domestic paper sales in June totaled 509,300 tons, an increase of 7.99% year on year, while the average selling price was RMB 3,984.05/ton, up 23.67% year on year. Packaging sales in April were 167 million square meters, up 22.75% year on year, with an average selling price of RMB 3.42/square meter, up 10.88% year on year.
Measured against May, Shanying International's June domestic paper and packaging sales both declined on a month-on-month basis, marking the first such fall since this year's Spring Festival.
Note: These figures are full-caliber data for each major business segment and have not been consolidated, offset or audited. As the company expands production capacity and raises its product market share, its overall competitiveness in the industry is gradually improving.
Chart: Shanying International domestic paper segment — output and average selling price, January–June
Chart: Shanying International packaging segment — output and average selling price, January–June
Data from the National Bureau of Statistics on price movements for important means of production in the circulation sector show that since March this year, national high-strength corrugated paper prices fell for five consecutive periods before rising for six consecutive periods; the average price per ton has climbed above RMB 4,100.
After June, the market moved into its traditional low season, with both paper and packaging sales slipping somewhat. Yet successive price hikes by leading producers pushed paper prices upward rather than down, indicating a strong price-defense intent among leading companies. If prices hold at RMB 4,000/ton in July, the opening of the August peak season could drive prices to a new high for the year.
Chart: National average price of high-strength corrugated paper, early March to late June
This article was republished from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-377713.html
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