纸浆早报-20250526

Group 1: Report Overview - The report is a pulp morning report from the Energy and Chemicals Team of the Research Center, dated May 26, 2025 [1] Group 2: SP Main Contract Information - The closing price of the SP main contract on May 23, 2025, was 5464.00 [2] - The closing prices from May 19 - 23, 2025, showed an upward trend with daily increases ranging from 0.11070% - 0.70033% [2] - The converted US - dollar prices from May 19 - 23, 2025, also generally increased [2] - The basis of Shandong Yinxing and Jiangsu - Zhejiang - Shanghai Yinxing decreased from May 19 - 23, 2025 [2] Group 3: Import Information - With a 13% VAT calculation, the import of Canadian Golden Lion, Canadian Lion, and Chilean Silver Star pulp all showed losses on May 23, 2025, with losses of - 204.24, - 866.52, and - 497.20 respectively [3] Group 4: Pulp Price Information - From May 19 - 23, 2025, the national average prices of softwood pulp, hardwood pulp, natural pulp, and chemimechanical pulp remained unchanged [3] - The average prices in Shandong for these pulp types also remained unchanged during the same period [3] - The prices of cultural paper (double - offset index, double - copper index), packaging paper (white - card index), and living paper (living index) remained unchanged from May 20 - 23, 2025 [3] Group 5: Profit Margin Information - The profit margins of double - offset paper, double - copper paper, white - card paper, and living paper showed some fluctuations from May 20 - 23, 2025, but remained unchanged on May 22 - 23, 2025 [3] Group 6: Price Difference Information - The price differences between softwood and hardwood, softwood and natural, softwood and chemimechanical, and softwood and waste paper decreased slightly from May 19 - 23, 2025 [3]