Recent situation of Chinese paper industry
At present, the domestic epidemic situation is basically stable, and the price of cultural paper continues to decline under the influence of weak demand. Although the school is delayed, the peak season of demand is delayed,but it will come.
The price of corrugated paper has risen rapidly in the short term, and now it has entered a decline channel. Due to the overseas epidemic, there is uncertainty of export in the second quarter, and the market will recover slowly.
The price has declined to a certain extent in the first quarter of 2020, and it remains a low level till now. However, in the first quarter of 2020, the price of raw materials dropped, profit margin increased. The growth of tissue paper remains optimistic.