纸浆早报-20260326

Group 1: SP Main Contract Information - The closing price of the SP main contract on March 25, 2026, was 5224.00 [2] - The closing prices on March 24, 23, 20, and 19 were 5210.00, 5188.00, 5164.00, and 5104.00 respectively [2] - The corresponding dollar - converted prices were 661.24, 660.41, 655.82, 655.07, and 645.51 [2] - The daily price changes were 0.26871%, 0.42406%, 0.46476%, 1.17555%, and 1.26984% [2] - The Shandong Yinxing basis on March 25 was 11, and the Jiangsu - Zhejiang - Shanghai Yinxing basis was 21 [2] Group 2: Import Price and Profit Information - For Canadian pulp, the CFR price of Golden Lion was 780 dollars, with a Shandong RMB price of 6300 and an import profit of 148.34; the CFR price of Lion was 730 dollars, with a Shandong RMB price of 5240 and an import loss of 521.81 [3] - For Chilean pulp, the CFR price of Yinxing (90 - day letter of credit) was 680 dollars, with a Shandong RMB price of 5235 and an import loss of 136.96 [3] Group 3: Pulp Price Averages - From March 19 to 25, 2026, 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 [3] - The Shandong average prices of these pulps also remained unchanged at 6245.00, 4775.00, 5400.00, and 3600.00 respectively [3] Group 4: Paper Index and Profit Margin Information - The cultural paper (double - offset and double - copper) and packaging paper (white card) indices remained unchanged from March 20 to 25, 2026, while the life paper index also remained stable except for a minor change on March 24 [3] - The double - offset paper profit margin decreased from - 0.6011% on March 20 to - 2.4984% on March 25, the double - copper paper profit margin remained at 7.7667% on March 25, the white card paper profit margin remained at - 9.2949%, and the life paper profit margin remained at 7.3053% [3] Group 5: Pulp Price Difference Information - The softwood - hardwood price difference on March 25 was 645.00, the softwood - natural price difference was - 165, the softwood - chemimechanical price difference was 1425, and the softwood - waste paper price difference was 3659 [3]