International waste paper prices up plus China’s supply and demand gap carton up unstoppable

Taiwan agricultural cartons rumored shortage of tide, the corporation pointed out that the epidemic in Europe and the United States is not solved and international freight shortage container prices soared, making the international waste paper offer up; coupled with China’s ban on waste and supply and demand gap to drive industrial paper demand, industrial paper and carton prices have risen unstoppable.

According to Taiwan Central News Agency news on April 10, Taiwan’s Agriculture and Food Department of the Council of Agriculture said the same day, the impact of the epidemic, many agricultural products access to domestic sales, the number of cartons used huge, coupled with the price of foreign pulp rose, making some farmers no carton available.

Observe Taiwan’s industrial paper market, manufacturers pointed out that last year, Taiwan’s paper and paperboard (including industrial paper, cultural paper and household paper, etc.) consumption reached 4.37 million metric tons, an increase of 1.86% over the previous year; industrial paper consumption of about 2.1 million metric tons, an annual growth of 5.05%, Taiwan’s carton consumption of 2.29 billion square meters, an annual growth of 9.6%.

The local investment adviser legal person said, the main raw material of carton from work paper, and work paper raw materials from waste paper, observe the international waste paper prices, from this year China completely banned the import of international waste paper, but due to the COVID-19 epidemic, Europe and the United States countries to improve the difficulty of recycling waste paper, coupled with the lack of international shipping containers, making the raw material of waste paper is not easy to obtain, the cost rose.

International waste paper prices remain high, up from February this year, the United States waste paper compared to the same period last year, from less than $ 100 per ton, rose to about $ 260 in early April, Japan and Europe waste paper rose also doubled.

The legal person pointed out that, due to Taiwan epidemic control is appropriate, despite the return of Taiwan businessmen to push up the demand for industrial paper, Taiwan waste paper prices are still relatively stable; but China’s ban on waste so that the shortage of raw materials for domestic waste paper, industrial paper manufacturers rising costs, large factories gradually raise the offer, China’s major paper companies also began to raise prices in advance of the cancellation of concessions.

Work paper quotes up, coupled with soaring international freight rates, there has been a Taiwan factory to raise the price of work paper and cartons, up about 10%; in addition, some Chinese manufacturers due to the lack of waste paper for raw materials and shutdown, work paper and carton up a touch.

According to manufacturer statistics, China’s boxboard and corrugated medium consumption will reach 47.77 million metric tons in 2019, with an annual growth rate of 4.8%. With the urbanization of China’s population driving huge consumer demand, coupled with the rapid growth of logistics business, China’s demand gap for industrial paper and cartons continues to expand, and the rise in quotes in the first half of this year cannot be avoided.