Shanying International Sees August Domestic Paper Volume and Price Rise Together, Packaging Average Price Hits New High for the Year

Shanying International issued an announcement, in which the company released its August 2021 operating data flash report.

Data shows that in August this year, Shanying International's domestic papermaking sales volume was 529,600 tonnes, up 13.20% year on year, with an average selling price of 3,964.73 yuan/tonne, up 14.22% year on year; August packaging sales volume was 172 million square meters, up 19.59% year on year, with an average selling price of 3.78 yuan/square meter, up 21.97% year on year.

Compared with the brief decline in July, Shanying International's domestic papermaking business saw both sales volume and price rise month on month in August, with monthly papermaking sales volume once again exceeding 500,000 tonnes.

Domestic packaging business sales volume and average price continued to grow sharply month on month, with the average selling price hitting a new high for the year.

Note: The above are full-scope data for each major segment, without consolidation elimination or audit. The company's production capacity has expanded, its product market share has increased, and its overall industry competitiveness is gradually strengthening.

January-August production and average selling price of Shanying International's domestic papermaking segment

January-August production and average selling price of Shanying International's packaging segment

In early August, this writer analyzed and pointed out that the domestic packaging business had begun to recover since July. As enterprises' order volumes increased and inventories decreased, the willingness to restock would strengthen, giving August's raw paper price increase a market basis. Judging from Shanying International's performance, the market growth trend is very clear. According to information from this writer's research, the reason why the packaging business grew substantially in August, apart from the traditional domestic Mid-Autumn Festival market, was also importantly the early start of the overseas double-holiday season. The gradual return to normal of economic and social life in European and American countries, along with widespread market concerns about shipping conditions, caused orders from overseas customers to be placed earlier than in previous years.

According to the price changes of important means of production in the circulation sector released by the National Bureau of Statistics, in August, the price of corrugated paper rose all the way, breaking through the high point for the year set in March from mid-month.

National average price of high-strength corrugated paper from early March to late August

——This article is reprinted from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-378210.html