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Orient Securities: In July, China's paper and paperboard production increased by 11.5% year-on-year, and culture paper and specialty paper prices may gradually stabilize.
The cumulative output of machinery paper and paperboard from January to July 2024 increased by 13.5% year-on-year, with a production volume of 13.17 million tons in July, a year-on-year increase of 11.5%.
China Sunshine Paper to Review Mid-Year Results
Sunshine Paper (02002.HK) will hold a board of directors meeting on August 30th to approve its interim results.
Sunshine Paper (02002.HK) announced on August 16th that the board of directors will hold a meeting on August 30th, 2024 to consider and approve the mid-term performance of the company and its subsidiary companies for the six months ending on June 30th, 2024, as well as to consider the distribution of mid-term dividends (if any).
Minsheng Securities: It is difficult for pulp prices to fall and the volatility is increasing, and profit improvement is expected.
On the one hand, the pulp production capacity of the above-mentioned companies is relatively low, while on the other hand, paper prices have strong resilience, and profit improvement can be expected.
China Sunshine Paper Revises Supply Deal Caps
SUNSHINE PAPER: SUPPLEMENTAL AND CLARIFICATION ANNOUNCEMENTIN RELATION TO THE ANNUAL REPORTFOR THE YEAR ENDED 31 DECEMBER 2023
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