Shanying International April Paper Sales Volume Up 61% YoY, Paper Prices Fall MoM
On May 7, 2021, Shanying International issued an announcement in which the company released its April 2021 operating data flash report.
The data shows that in April this year Shanying International's domestic paper sales reached 507,800 tonnes, up 61.13% year on year, with an average selling price of 3,850.42 yuan/tonne, up 20.85%; April packaging sales were 162 million square meters, up 42.75% year on year, with an average selling price of 3.50 yuan/square meter, up 4.92%.
Looking at the first four months, sales of paper and packaging maintained rapid growth, with year-on-year growth rates both exceeding 50%; in terms of selling prices, the increase for paper was far higher than that for packaging. However, starting from February the selling price of the packaging segment began to decline, and the domestic paper segment's selling price also fell 6.44% month on month in April.
Segment Domestic paper Packaging
Note 1: The reasons for the year-on-year growth in domestic paper and packaging sales in April 2021: sales in the same period last year were low due to the impact of the pandemic; the company's production capacity scale expanded, product market share increased, and the industry's comprehensive competitiveness gradually strengthened. Note 2: The above are full-caliber data for each major segment, without consolidation elimination and audit.
△ Production and average selling price of Shanying International's domestic paper segment, January-April
△ Production and average selling price of Shanying International's packaging segment, January-April
According to the market price changes of important means of production in the circulation sector released by the National Bureau of Statistics, from early March to late April the price of high-strength corrugated paper fell five times in a row. The downward trend and magnitude basically match the situation of Shanying International.
△ National average price of high-strength corrugated paper from early March to late April
——This article is reprinted from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-377336.html
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