Weekly talk: bamboo pulp paper has great development potential in the future
Event: on January 4, 2022, China Central Television News broadcast focused on the promotion of the project of "banbu healthy bamboo industrial park". The Industrial Park focuses on the refining of bamboo biomass and the full price utilization of bamboo. It is a key bamboo industry development project of Meishan municipal Party committee and Meishan municipal government, It is of great significance to promote the high-quality development of local economy and society.
A number of national policies have been implemented to help the industry flourish. In recent years, the state has successively promulgated a number of policies to encourage and support the rapid and high-quality development of bamboo processing industry. With the help of government policies, the future development potential of environmental protection bamboo pulp is very huge.
Chinese paper enterprises have successively laid out the bamboo pulp industry. As early as 2019, the industry leading enterprise C&S Paper Co.Ltd(002511) invested 4.087 billion yuan to build a 300000 ton bamboo pulp paper integration project to realize the production mode of bamboo pulp paper integration, reduce intermediate links and broaden the profit space of the company, so as to realize benign and sustainable development. Other paper enterprises, Jilin Chemical Fibre Co.Ltd(000420) , Fujian Qingshan Paper Industry Co.Ltd(600103) and other listed companies have also invested in bamboo pulp production projects one after another, We will continue to improve the layout of the industrial chain.
Bamboo pulp paper has great development potential in the future. In recent years, China's bamboo pulp and paper industry has developed rapidly. The development of bamboo pulp industry has also made up for the gap of medium and high-end pulp in China, and plays a very important role in the paper industry. Bamboo pulp papermaking has the advantages of rich raw material resources, short growth cycle, strong antibacterial ability, high comfort, safety and health, green environmental protection and so on.
Market review (January 4 - January 7):
Among the Shenwan level industries, the light industry manufacturing industry fell 0.18% this week, ranking 14th among Shenwan 31 level-1 industries, outperforming the market. Among the sub sectors, the paper sector performed better, up 1.52%, and the packaging and printing sector performed worse, down 3.01%; The textile and garment industry rose 1.52% this week, ranking 10th among Shenwan's 31 primary industries, outperforming the market. Among the sub sectors, the textile manufacturing sector rose 2.59%, the clothing and home textile sector rose 0.73%, and the jewelry sector rose 2.08%.
Industry data tracking:
Furniture: the price of wood this week is basically the same as that last week, and the prices of TDI and MDI have increased
Papermaking: according to Zhuo Chuang information, in terms of pulp, on January 7, the market price of coniferous pulp was 6144.64 yuan / ton, up 1.74% from last Friday; The market price of broad-leaved pulp was 5096.59 yuan / ton, up 0.18% from last Friday; The market price of natural color pulp was 6091.67 yuan / ton, unchanged from last Friday; The market price of chemical mechanical pulp was 4508.33 yuan / ton, up 0.93% from last Friday. In terms of packaging paper, on January 7, the market price of corrugated paper was 3884.38 yuan / ton, up 0.08% from last Friday; The market price of white cardboard was 5871.00 yuan / ton, down 3.74% from last Friday. In terms of cultural printing paper, on January 7, the market price of double copper paper was 5380 yuan / ton, down 0.19% from last Friday; In terms of household paper, the market price on January 7 was 6383.33 yuan / ton, down 0.39% from last Friday.
Textile and clothing: on January 7, the price of cotton was 22290.77 yuan / ton, up 0.02% from last week; The price of yarn has increased, and the price of polyester has increased.
Investment strategy:
The implementation of RCEP in early 2022 will help China and other allied countries complement each other's industrial advantages, optimize resource allocation, promote the further development of the industrial chain, and then expand the scale of intra regional trade, especially the textile and garment industry with large trade volume between China and Southeast Asia. In addition, the upcoming winter Olympics is expected to drive China's sportswear industry. It is suggested to pay attention to [Li Ning], [Anta Sports], [ Biem.L.Fdlkk Garment Co.Ltd(002832) ], [Shenzhou International], [ Huali Industrial Group Company Limited(300979) ].
Risk tips: raw material price fluctuation risk and exchange rate fluctuation risk.
