Talk every Monday: green packaging is the future development trend of the industry
Event: on January 10, the Ministry of industry and information technology issued the guiding opinions on accelerating the construction of modern light industry system (Exposure Draft), which pointed out that we should further promote the green and low-carbon transformation, accelerate the green and safe development, guide the consumption of green products, comprehensively build a green manufacturing system, and develop recyclable, recyclable, degradable and consumable packaging materials, Accelerate the construction of a modern light industry system and promote the high-quality development of light industry.
Green packaging policies have been issued one after another, leading the healthy and orderly development of the industry. In recent years, the state has successively promulgated a number of policies to standardize the evaluation standards of green packaging, promote the healthy and sustainable development of the industry, and promote the continuous upgrading and improvement of the packaging industrial structure.
Companies in the industry have made layout one after another, and a number of measures go hand in hand. Many companies in the industry have arranged green packaging projects. For example, Rongcheng paper invested 260 million yuan to build a new green packaging carton project as early as 2016, and prepared a green packaging carton factory and waste paper environmental protection station to create an efficient and vertically integrated green environmental protection business system. Some listed companies in the industry, such as Xi’An Global Printing Co.Ltd(002799) , Guangdong Tengen Industrial Group Co.Ltd(003003) , have also successively invested in green packaging projects to promote the continuous improvement of the company’s industrial chain layout.
Green packaging is in line with the national environmental protection strategy and is the future development trend. With the deepening reform of China’s ecological civilization system, the state pays more and more attention to the Green Governance of the packaging industry. Under the call of energy conservation and emission reduction, more and more enterprises begin to actively explore the way of green transformation. Green packaging has become the future development trend of the industry by virtue of resource conservation, degradability, recyclability and edible.
Market review (January 10 – January 14):
Among the Shenwan level industries, the light industry manufacturing industry fell by 2.21% this week, ranking 20th among the Shenwan 31 level-1 industries, outperforming the market. Among the sub sectors, packaging and printing performed better, up 0.89%, and entertainment products performed poorly, down 4.40%; The textile and garment industry fell 0.40% this week, ranking 8th among Shenwan’s 31 primary industries, outperforming the market. Among the sub sectors, the textile manufacturing sector rose 0.03%, the clothing and home textile sector fell 0.79%, and the jewelry sector rose 0.01%.
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 14, the market price of coniferous pulp was 6264.29 yuan / ton, up 1.95% from last Friday; The market price of broad-leaved pulp was 5210.23 yuan / ton, up 2.23% from last Friday; The market price of natural color pulp was 6166.67 yuan / ton, up 1.23% from last Friday; The market price of chemical mechanical pulp was 4683.33 yuan / ton, up 3.88% from last Friday. In terms of packaging paper, on January 14, the market price of corrugated paper was 3900.00 yuan / ton, up 0.40% from last Friday; The market price of white cardboard was 5871.00 yuan / ton, unchanged from last Friday. In terms of cultural printing paper, on January 14, the market price of double copper paper was 5380 yuan / ton, unchanged from last Friday; In terms of household paper, the market price on January 14 was 6383.33 yuan / ton, unchanged from last Friday.
Textile and clothing: on January 14, the price of cotton was 22401.54 yuan / ton, up 0.50% 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.
