China's Paper Industry Operating In the First Quarter of 2008 and Forecast Will Show The Slow Down Of Fixed Asset Investment
DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/a8f407/chinas_paper_indus)
has announced the addition of the "Chinas Paper Industry Operating In
the First Quarter of 2008 and Forecast" report to their offering.
In the first quarter of 2008, the profits and management capacity
of China's paper industry has promoted significantly. Benefiting from
the rising paper prices, the listed paper companies made of 12.678
billion yuan incomes, an increase of 30.8 per cent year-on-year, net
profit rose 125.2 per cent year-on-year in the first quarter of 2008.
The gross profit ratio of paper industry has increased 19.22% in the
first quarter of 2008, an increase of 16.27 percent year-on-year, the
growth of net profit margin has increased 55.99% year-on-year.
The different kinds of Paper's prices affected the companies'
profit. The price of Cultural paper, White Cardboard and copper paper
have risen sharply since August last year to the first quarter of
2008, and still remained at a high level in the second quarter of
2008. The policy of reduction of emission and Energy-saving, and the
shut down of backward production capacity; and the policy of
increasing the enter threshold of paper industry. These two factors
will affect the paper price in a high level in the future.
Since the first quarter of 2008, although the global pulp price
has increased 10-20 U.S. dollars / tons, but the import price of
wooden pulp based on RMB has been stabilizing, the import price of
hardwood pulp rose 3.1 percent year-on-year, and the import price of
coniferous pulp remained the same as in the fourth quarter of last
year, down 1 per cent year-on-year. Meanwhile, imports of waste paper
price has been continuing to rise, the price of U.S. old corrugated
container (OCC) have reached 1,780 yuan / ton on march of 2008, rising
85yuan/ton compared with the end of last year, and U.S. old newsprint
paper (ONP) rose 170 yuan / ton, reached 1,750 yuan / ton on march.
In terms of the national environmental policies in 2008, the
elimination of backward production capacity will balance the domestic
paper industry's supply and demand. The environmental protection
policy will increase the cost of paper, but, it also able to benefit
the larger paper manufactories who have invested more on environment
protect equipments and more competitive than small factories, and will
help improving the health of the paper industry. Meanwhile, the policy
of shut down backward and the new industrial policy of strict enter
threshold will keep the prices of cultural paper, cardboard paper and
white paper in a high level.
The improvement of the relationship between supply and demand, the
booming of paper industry, and the important role of paper industry in
economy and society, and the continual development of the Chinese
economy will have a strong support for the development of the paper
industry.
Key Topics Covered:
1. The performance of the Chinese paper industry in the first
quarter of 2008
1.1 The data of paper industry's performance in the first quarter
of 2008
1.2 Analysis of the incomes in the first quarter of 2008
1.3 The prices of various types of paper
2. Strategy of investment
3. Analysis of the prices of raw materials
4. The prices of the major paper products
4.1. Newsprint
4.2. Books and printing paper
4.3. Liner Board / corrugated
4.4. Copper paper
4.5. Whiteboard paper
5. Analysis of paper output
6. Investment in fixed assets
7. Forecast of 2008 paper industry
7.1. Benefit from the development of the industry supply and
demand
7.2 The slow down of fixed asset investment and the more
investments on fibre raw materials
7.3. The slightly slow down of Profitability, cost of sales,
management and finance
Charts
Figures
For more information visit
http://www.researchandmarkets.com/research/a8f407/chinas_paper_indus
Research and Markets
Laura Wood, Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com
Copyright Business Wire 2008
