永安期货纸浆早报-20250826

Group 1: Report Overview - The report is a pulp morning report released by the Energy and Chemicals Team of the Research Center on August 26, 2025 [2] Group 2: SP Main Contract Information - The closing price of the SP main contract on August 25, 2025, was 5136.00 [3] - Compared with the previous day, the price increased by 0.54816% [3] - The converted US dollar price was 626.87 [3] Group 3: Basis Information - The basis of Shandong Yinxing on August 25, 2025, was 654 [3] - The basis of Jiangsu, Zhejiang and Shanghai Yinxing on August 25, 2025, was 689 [3] Group 4: Import Profit Information - Calculated with a 13% VAT, the import profit of Canadian Golden Lion was -22.01, the import profit of Canadian Lion was -468.04, and the import profit of Chilean Yinxing was -97.24 [4] Group 5: Pulp Price Information - From August 19 to August 25, 2025, the national average prices of softwood pulp, hardwood pulp, natural pulp, and chemi - mechanical pulp remained unchanged [4] - The average prices in Shandong region of these four types of pulp also remained unchanged during the same period [4] Group 6: Paper Index and Profit Margin Information - From August 20 to August 25, 2025, the cultural paper (double - offset index, double - copper index), packaging paper (white card index), and living paper (living index) remained unchanged [4] - The profit margins of double - offset paper, double - copper paper, white card paper, and living paper changed during this period, with changes of -1.1921, -1.6711, -0.1481, and 0.0000 respectively [4] Group 7: Pulp Price Difference Information - On August 25, 2025, the price differences between softwood and hardwood pulp, softwood and natural pulp, softwood and chemi - mechanical pulp, and softwood and waste paper pulp were 1630.00, 390, 1965, and 4214 respectively [4]