For the market situation between 2000 and 2030, there is no big change from the demand for global paper and paperboard, there is growth rate of 1-2%, among which living paper is the most important driving force.
Broad-leaved pulp demand basically grows by 3%, capacity growth is slightly faster than demand growth. Coniferous pulp is also facing a similar situation, there is about 2% capacity growth, and 1% -1.5% demand growth. It is difficult to predict the decline in capacity, this year the major Asian market supply reductions may be close to 800,000 tons. Over all, this year the entire broad-leaved pulp net increase may be more than 70 million tons, and a conservative estimate of demand growth may be more than 80 million tons.
From a regional perspective, China and India will be the main driving force. India’s growth rate is actually faster than China, and all the papers are growing. Compared to the growth in demand in India, there is no corresponding capacity expansion, which will provide a good opportunity for the surrounding areas of Asia to export to India and related markets.
Since the second half of last year, this round of the price increase is different from the previous, first, times are frequent; second, gains are obvious; third, implementation is firm; fourth, the value of paper mills returns, and the profitability is greatly improved. Among them, coated pape
r, white card profit is almost twice that of last year.