Group 1: SP Main Contract Closing Price - The closing price of the SP main contract on September 22, 2025, was 5008.00 [3] - The closing prices from September 16 - 22, 2025, were 5068.00, 5042.00, 5014.00, 5018.00, and 5008.00 respectively, with corresponding percentage changes of 0.23734%, -0.51302%, -0.55534%, 0.07978%, and -0.19928% [3] - The corresponding converted US - dollar prices were 621.53, 619.23, 615.54, 615.64, and 614.20 [3] - The Shandong Yinxing basis on September 22, 2025, was 602, and values from September 16 - 21 were 582, 598, 611, 607 [3] - The Jiangsu - Zhejiang - Shanghai Yinxing basis on September 22, 2025, was 617, and values from September 16 - 21 were 612, 623, 636, 632 [3] Group 2: Pulp Import Information - With a 13% VAT calculation, for Canadian Golden Lion (CFR), the port US - dollar price was 780, the Shandong region RMB price was 6200, and the import profit was - 136.75; for Canadian Lion (CFR), the port US - dollar price was 730, the Shandong region RMB price was 5410, and the import profit was - 510.04; for Chilean Yinxing (CFR letter of credit 90 days), the port US - dollar price was 720, the Shandong region RMB price was 5610, and the import profit was - 244.70 [4] Group 3: Pulp Price Averages - From September 16 - 22, 2025, the national average prices of softwood pulp, hardwood pulp, natural pulp, and chemimechanical pulp remained unchanged at 6073.75, 4810.75, 5415.00, and 3686.25 respectively; the Shandong region average prices also remained unchanged at 6245.00, 4775.00, 5400.00, and 3600.00 [4] Group 4: Paper Index and Profit Margin - From September 17 - 22, 2025, the cultural paper (double - offset index, double - copper index), packaging paper (white - card index) remained unchanged at 5725, 5670, 4350 respectively; the living paper index changed from 835 to 839 and then back to 835 [4] - The profit margins of double - offset paper, double - copper paper, white - card paper, and living paper on September 22, 2025, were 1.9642%, 15.6172%, - 12.6135%, and 6.6876% respectively, with changes of - 0.0674, - 1.7680, - 0.0368, and - 0.3629 compared to September 17, 2025 [4] Group 5: Pulp Price Spreads - From September 16 - 22, 2025, the softwood - hardwood price spread changed from 1460 to 1370; the softwood - natural price spread changed from 250 to 210; the softwood - chemimechanical price spread changed from 1825 to 1785; the softwood - waste paper price spread changed from 4074 to 4034 [4]
永安期货纸浆早报-20250923
Yong An Qi Huo·2025-09-23 01:06