Report Information - Report Name: Pulp Daily Report [1] - Date: May 7, 2025 [2] Industry Investment Rating - Not provided Core Viewpoints - The pulp market is under pressure due to a significant reduction in cost support, a loose supply situation, and weak demand, resulting in an overall weak fundamental pattern [7] Summary by Section 1. Market Review and Operation Suggestions - Pulp futures contract 09 closed at 5064 yuan/ton, down 1.90% from the previous settlement price of 5162 yuan/ton [7] - The intended transaction price range of softwood pulp in the Shandong wood pulp market was 5300 - 6800 yuan/ton, with the low - end price down 80 yuan/ton from the previous trading day. The Shandong Yinxing was quoted at 6250 yuan/ton [7] - Chile's Arauco adjusted its April prices. The softwood pulp Yinxing was priced at 770 US dollars/ton, and the hardwood pulp Mingxing was priced at 560 US dollars/ton, showing a significant decline [7] - European port data showed that the total port inventory increased by 7.60% month - on - month and 25.96% compared to March 2024. Most ports except Germany's had a month - on - month increase in inventory [7] - The total pulp imports in March were 3.25 million tons, up 0.9% month - on - month and 2.5% year - on - year [7] - As of April 30, 2025, the weekly pulp inventory in major domestic regions and ports decreased by 2.12% month - on - month, with different shipping speeds at each port, and Gaolan Port had relatively concentrated arrivals [7] 2. Industry News - On May 1, the 35 - ton/day comprehensive chlorine dioxide preparation system provided by Boshike for Shandong Huatai Paper achieved full - line operation. It is the core unit of Huatai Paper's 700,000 - ton chemical pulp project, the largest newly - put - into - production chemical pulp project in China in 2025 [8] - After the successful operation of the system, Huatai Paper's wood pulp self - sufficiency rate reached 85%, and the comprehensive cost per ton of pulp decreased by 15% year - on - year [8] 3. Data Overview - The report presents multiple data charts, including import bleached softwood pulp spot prices in Shandong, pulp futures prices, pulp futures - spot price differences, softwood - hardwood price differences, inter - period price differences, warehouse receipt totals, domestic main port pulp inventories, European main port wood pulp inventories, paper product prices and price differences, and the US dollar - RMB exchange rate [12][14][17][19][25][27]