Group 1: Report Information - Report Name: Pulp Daily Report [1] - Date: April 1, 2026 [2] - Research Team: Energy and Chemical Research Team [4] Group 2: Market Review and Operation Suggestions Market Review - The previous settlement price of the pulp futures 05 contract was 5,196 yuan/ton, and the closing price was 5,124 yuan/ton, a total decline of 1.39%. The intended transaction price range of softwood pulp in the Shandong wood pulp market was 4,580 - 5,350 yuan/ton, with the low - end price down 40 yuan/ton from the previous trading day's closing price. The quotation of Shandong Yinxing was 5,150 - 5,160 yuan/ton [7] Core Viewpoint - Suzano announced price increases for eucalyptus hardwood pulp in the Asian and European - American markets in April 2026. The world's chemical pulp shipments in 20 major pulp - producing countries showed different trends in February. European port wood pulp inventory increased in February 2026, and the cumulative pulp imports from January - February 2026 decreased year - on - year. As of March 26, 2026, the weekly pulp inventory in major regions and ports increased. Due to insufficient end - user orders, there was resistance to price increases for downstream base paper. The pulp market still had supply - demand contradictions and would fluctuate in a low - level range in the short term [8] Group 3: Industry News - From January - February 2026, the total profit of large - scale industrial enterprises in China was 1,024.56 billion yuan, a year - on - year increase of 15.2%. Different types of enterprises had different profit growth rates. The paper and paper products industry achieved a total profit of 5.04 billion yuan, a year - on - year increase of 6.1%, while the printing and recording media reproduction industry achieved a total profit of 3.59 billion yuan, a year - on - year decrease of 1.1% [9] Group 4: Data Overview - The report includes multiple data charts, such as import softwood pulp spot prices in Shandong, pulp futures prices, pulp spot - futures price differences, needle - broadleaf price differences, inter - period price differences, warehouse receipt totals, domestic main port pulp inventories, European main port wood pulp inventories, prices and price differences of coated paper and offset paper, prices and price differences of white cardboard and whiteboard paper, and the US dollar - RMB exchange rate [15][17][19][24][28][30]