The profit of the hottest paper industry in the fo

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Paper industry: the profit in the fourth quarter of 2011 is expected to be good.

the paper industry is expected to be stable in the first half of 2011. Volume: after the off-season of the Spring Festival, the output has picked up steadily, hitting new highs every month, and the sales volume is relatively flat; Price: the replenishment of inventory and the cost of spring after adding its mechanical function through appropriate heat treatment process have driven up the price, but the release of supply and the unclear demand have gradually become obstacles; Profit: Although the gross profit margin rebounded slightly after, it was still lower than that in the same period under the cost pressure, which caused the profit growth rate to continue to be lower than the income growth rate

profitability is difficult to improve in the short term, and 11q4 is expected to gradually improve. The industry is faced with factors such as centralized release of production capacity and sluggish demand in the off-season of sales, so it is difficult to improve the profit forecast; Subsequently, with the improvement of the economy driving the demand of the paper industry, and the fact that the release of production capacity has come to an end and the elimination of backward production capacity has driven the supply inflection point, the industry's profits are expected to improve in 11q4. In the second half of the year, the prosperity of paper types was judged as follows: white card white board, household paper, box board corrugated, uncoated cultural paper, paper and coated paper. It is expected that the prices of fiber raw materials will stabilize and recover as a whole due to the demand orientation and the coordination between production and use. Due to the great difference between supply and demand of different categories: needle leaves are bullish, broad leaves are flat, waste paper is expected to be basically stable, and the profit of dissolved pulp will narrow due to the fluctuation of cotton price

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