纸浆早报-20260120
Yong An Qi Huo·2026-01-20 03:28

Report Overview - The report is a pulp morning report released by the Research Center's Energy and Chemicals Team on January 20, 2026 [2] SP Main Contract Information - The closing price of the SP main contract on January 19, 2026, was 5362.00. The closing prices on January 16, 15, 14, and 13 were 5362.00, 5436.00, 5494.00, and 5492.00 respectively. The corresponding dollar prices were 672.52, 672.00, 681.32, 688.33, and 687.77. The daily changes were 0.00000%, -1.36130%, -1.05570%, 0.03642%, and 0.03643% respectively. The Shandong Yinxing basis was 48, 48, 79, 56, and 58, and the Jiangsu, Zhejiang, and Shanghai Yinxing basis was 48, 48, 74, 66, and 68 [3] Import Profit Information - With a 13% VAT calculation, the Canadian Golden Lion (CFR) had a port dollar price of 780, a Shandong region RMB price of 6300, and an import profit of 95.46. The Canadian Lion (CFR) had a port dollar price of 730, a Shandong region RMB price of 5365, and an import profit of -401.30. The Chilean Yinxing (CFR letter of credit 90 days) had a port dollar price of 700, a Shandong region RMB price of 5410, and an import profit of -165.36 [4] Pulp and Paper Price Information - From January 13 to January 19, 2026, the national average prices of softwood pulp, hardwood pulp, unbleached 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. The cultural paper (double-offset index, double-copper index), packaging paper (white card index), and living paper (living index) prices remained unchanged. The profit margins of double-offset paper, double-copper paper, white card paper, and living paper changed to -4.5583%, 5.9250%, -9.2032%, and 6.2044% respectively, with the living paper profit margin increasing by 0.1437 [5] Price Difference Information - On January 19, 2026, the price differences between softwood and hardwood pulp, softwood and unbleached pulp, softwood and chemimechanical pulp, and softwood pulp and waste paper were 730.00, 10, 1535, and 3834 respectively [5]