According to foreign professional media analysis and prediction, in 2003 the world pulp and paper production will be significantly better than in 2002, most of the investment plan will improve the overall economic impact.
After experiencing the economic downturn in the past two and a half years, it is expected that the demand for paper and paperboard in the world in 2003 will be in line with the overall economic development in the world and will be correspondingly improved.
The increase in advertising consumption in developed countries will increase the use of paper. In addition, due to the further increase in industrial output and the increase of equipment in developing countries, the amount of packaging paper increased.
Demand for paper and board in the world in 2003 is expected to increase by 3.5%, and production will increase by 11 million tons. With the rapid growth of demand, the world's paper and board operating rate will be significantly improved, but capacity expansion will remain low.
In 2003, 18 new paper and board production lines were put into operation in China, which will increase production capacity by 3.1 million tons. Chinese manufacturers continue to increase investment and will drive world economic growth.
In 2003, the production capacity of North American paper and board will continue to decrease, but the decrease will be slower than in the past two years. The growth rate of Western Europe's production capacity has fallen for three consecutive years as a result of the decline in producer profits. This year, compared with China, Western Europe will increase its paper and board production capacity by 1 million tons. This year, the average operating rate for paper and board in the world is 89%.
Most paper and paperboard prices began to rise in the second quarter of this year. The first quarter will remain stable, and the prices of paper and paperboard will increase, mainly due to the increase in fiber costs, especially the increase in waste paper prices.
Most expansion of production capacity in Western Europe and China mainly depends on increasing the amount of waste paper fibers, and these expanded capabilities have increased raw material supply pressure, resulting in greater fluctuations in waste paper prices.
It is expected that the paper and paperboard pricing will have good earnings expectations at the end of this year, and there will be better prospects in 2004.
After experiencing the economic downturn in the past two and a half years, it is expected that the demand for paper and paperboard in the world in 2003 will be in line with the overall economic development in the world and will be correspondingly improved.
The increase in advertising consumption in developed countries will increase the use of paper. In addition, due to the further increase in industrial output and the increase of equipment in developing countries, the amount of packaging paper increased.
Demand for paper and board in the world in 2003 is expected to increase by 3.5%, and production will increase by 11 million tons. With the rapid growth of demand, the world's paper and board operating rate will be significantly improved, but capacity expansion will remain low.
In 2003, 18 new paper and board production lines were put into operation in China, which will increase production capacity by 3.1 million tons. Chinese manufacturers continue to increase investment and will drive world economic growth.
In 2003, the production capacity of North American paper and board will continue to decrease, but the decrease will be slower than in the past two years. The growth rate of Western Europe's production capacity has fallen for three consecutive years as a result of the decline in producer profits. This year, compared with China, Western Europe will increase its paper and board production capacity by 1 million tons. This year, the average operating rate for paper and board in the world is 89%.
Most paper and paperboard prices began to rise in the second quarter of this year. The first quarter will remain stable, and the prices of paper and paperboard will increase, mainly due to the increase in fiber costs, especially the increase in waste paper prices.
Most expansion of production capacity in Western Europe and China mainly depends on increasing the amount of waste paper fibers, and these expanded capabilities have increased raw material supply pressure, resulting in greater fluctuations in waste paper prices.
It is expected that the paper and paperboard pricing will have good earnings expectations at the end of this year, and there will be better prospects in 2004.